All the World is looking at Asia in this Economic Downturn - But is Telecoms the Answer?

Dec. 12, 2008 - PRLog -- The current economic downturn and fluctuating energy and food costs is hurting everyone. But could the Telecoms sector start the fight back?

With the world in recession developing regions such as Asia are stepping up to the challenge to start the fight back. With millions being invested in infrastructure to drive foreign business to the region and with an ever developing working population, the consumer demand is tripling, a momentum that cannot be seen to slow down.

Over 50 of the leading Telecom companies such as China Mobile, NTT Docomo, PCCW, Tata Communications and Chunghwa have just announced a key meeting on how the industry can unite and tackle the current climate as well as bring such investment to Asia.

The ‘Next Generation Telecom (NGT) Summit’ will be held early next year at the Ritz-Carlton in Kuala Lumper and will include the Heads of Technology and Business development  alongside their respected CEO’s. Government officials have also confirmed attendance to ensure that the program will drive immediate value back to their constituencies.

The Telecom sector is in the midst of unprecedented transformation. Several factors are driving fundamental change: liberalization and increased competition, strategic mergers and acquisitions, regulatory pressure, systems reliability, convergence.

All of this requires large investment and a unity amongst the sector. If this is achieved new innovation could pave the way for more jobs within the sector, bring new businesses to Asia and cheaper calls for the consumer.

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GDS International organise Financial, Healthcare, IT Service Management,Telecoms (fixed and mobile) and Oil & Gas Summit for the Asia Pacific, Africa, China, Europe, North America and Russia.