Telecom
5G to Contribute Over $7.5tn to Global GDP by 2030 – Report
By 2030, 5G-related initiatives will contribute over $7.5 trillion to the global gross domestic product (GDP).
This is according to Dimitris Mavrakis, research director of ABI Research, highlighting the impact of 5G technologies on the global economy, businesses and consumers across the globe.
Mavrakis was speaking at the Huawei 5G+, Better World Summit, where various operators and industry partners shared their view on how 5G applications can drive significant business and industry efficiency.
He noted that low latency, high-speed 5G connectivity has opened infinite opportunities for businesses, resulting in productivity gains and operational efficiency, boosting economic growth by over $7.5 trillion in the next decade – compared to the $5.1 trillion 4G contributed in 2019.
While 5G will drive future businesses across all sectors worldwide, Mavrakis said it is likely to be most beneficial to the commercial sector.
“We expect that 5G will transform businesses in the same way 4G transformed consumers. However, it could take several years for the manufacturing world to adopt the technology.”
With some governments aiming to establish themselves as global leaders in trialling 5G projects, Mavrakis highlighted government’s role in creating opportunities through 5G, such as in the provisioning of free 5G spectrum and the reduction in taxation of carriers.
Governments, he added, could provide opportunities for 5G to flourish within their countries by prioritising efficient usage of public and private digital infrastructure and establishing a national approach to building skills in 5G.
According to a report by Orange Business Services, 5G is set to have a profound effect on countries’ economic performance and GDP. In 2016, mobile technologies and services generated 4.4% of GDP globally, equating to about $3.3 trillion in economic value. In 2020, this has been estimated to grow to over $4.2 trillion, or 4.9% of the global GDP.
Advisory firm PwC forecasts that fast, intelligent Internet connectivity enabled by 5G technology is expected to create approximately $3.6 trillion in economic output and 22.3 million jobs by 2035 in the global 5G value chain alone. This will translate into global economic value across industries of $13.2 trillion, notes PwC. The manufacturing, information and communications, wholesale and retail, public services and construction sectors will be those expected to have the highest reliance on 5G technologies.
With the introduction of Travel Saga, a premium, fast-paced gaming experience that is currently live and accessible to customers on its network, Globacom has lifted the bar for mobile entertainment in the country.
Travel Saga is a story-driven, intricately connected role-playing game designed to provide the thrill, complexity, and competitive intensity of some of the most well-known action games in the world.
The game, which has been painstakingly optimized for mobile devices, redefines mobile gaming as a full-fledged digital battlefield by translating a console-grade experience onto data-enabled handsets.
Fundamentally, Travel Saga takes users on quick virtual journeys against recognizable international landscapes. In a dynamic, ever-evolving gaming environment, players are thrown into furious missions, fierce fights, and ever-expanding tales where talent, strategy, and endurance determine who rises through the ranks to become a true war hero.
In addition to the excitement of fighting, users are encouraged to go to various locations, take part in thrilling challenges, and participate in intense competition for in-app rewards like points and victory badges. With each encounter and accomplishment, the immersion increases with each level, maintaining momentum and excitement.
Flexible subscription plans with one-time or auto-renewal choices are available to subscribers for the service, which costs ₦100 per day and ₦250 per week. By dialing *70021#, customers can quickly subscribe and gain instant access to the action.
With Travel Saga, Glo reaffirms its dedication to innovation and high-end digital experiences, making top-notch gaming easily accessible to its customers. The game offers uninterrupted action, adventure, and competition, all smoothly supported by the Glo network.
SHELT, a leading cybersecurity-as-a-service provider, has earned inclusion in the 2025 MSSP 250, the annual ranking of the world’s top 250 Managed Security Service Providers (MSSPs) by MSSP Alert, a CyberRisk Alliance publication.
SHELT
The list evaluates firms on business performance, service breadth, and industry impact, spotlighting those excelling in growth, operational excellence, and advanced managed security amid rising cyber threats. Selection criteria include annual recurring revenue, profitability, workforce expansion, business growth, and the depth of managed security offerings.
SHELT’s recognition underscores its investments in scalable security operations, threat intelligence, and tailored managed services across multiple regions, enabling clients to navigate complex risk landscapes effectively.
“Being recognised in the MSSP 250 is a meaningful milestone for our team,” stated Youssef Abillama, CEO of SHELT. “It validates our focus on building practical, resilient security services that help organisations manage risk and respond effectively to today’s evolving cyber threats.”
The company hailed the honour as testament to its teams’ dedication and expertise worldwide, reaffirming commitment to enhancing capabilities and delivering trusted cybersecurity solutions.
Meta Platforms, owner of Facebook, has appointed Dina Powell McCormick, a former adviser to President Donald Trump, as its new president and vice chairman, bolstering its leadership amid aggressive AI and infrastructure expansion.
Dina Powell McCormick
The announcement, made on Monday, positions Powell McCormick – who recently stepped down from Meta’s board after eight months – to guide overall strategy, including multi-billion-dollar investments in data centres and global partnerships.
A Goldman Sachs veteran with 16 years in senior roles and prior stints as deputy national security adviser under Trump and in the Bush administration, she brings deep finance and international ties to the role.
Meta CEO Mark Zuckerberg hailed her as “uniquely qualified” for the company’s next growth phase, while President Trump praised the move on Truth Social as a “fantastic choice”.
The hire signals Meta’s efforts to strengthen White House relations, following recent dinners with Trump and U.S. investment pledges worth hundreds of billions
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