Communication companies are set to invest $700 billion in the infrastructure world-wide in the next three years, according to the Saudi CEO at STC for international operations Ghassan Hasbani.
Ghassan, who shared on the sideline of ArabNet Digital Conference 2012 and was attended by 150 participants from the Middle East and the globe, highlighted the importance of the investments to be made by communication companies.
Digital content and electronic applications are the top concerned topics, with the elaborated techniques to keep support and sustain for their growth through giant communication companies in the region.
Hasbani stressed that launching ” interactive T.V ” recently , considered as a main drive to practice using broadband application that enhance remarkable competence in all STC sectors in optimum standards .
He revealed that despite the high cost of the digital content, STC didn’t hesitate to make it available with best quality to serve its customers, because it is a vivid and precious source for STC. Moreover, STC launched “Brave Fund” to revive small establishments.
He declared that the investment for communication companies in the infrastructure around the globe will reach 700 billion dollar in the coming three years due to business digital revolution that became popular in many countries around us.
The delegation from the Kingdom shared in the conference comprised a number of senior officials including Osama Mento Almoases, CEO for innovative business Solutions, Dr. Abdullah Almeqren, the head of the national Center for E-learnimg and distance learning Abdullah Hamed , CEO for Lakeem Tako , Nawaf Alshalani from STC .