Coronavirus (COVID-19) made an enormous crash all around the world. Impacting the economy of the world among all other aspects, and bringing strategic and political clashes all around are some of the footprints that will remain for a long time.

The information and communication technologies sector, ICT, is also impacted by COVID-19.

The tech giants have already canceled their participation in prestigious conferences and announced financial objectives below expectations. Technology and ICT firms forecast the international show and plan to launch new services, products, and solutions there to get the most significant exposure.

Some of the biggest postpones and cancellations that Technology and ICT firms have made:

Besides, the GSMA, in conjunction with the event host MTN Global Connect, decided to postpone April 2020 WAS meeting in Cape Town to the same venue in March 2021.

Another major ICT event was canceled in Dubai, Capacity Middle East. This was an event which was due to commence on March 2. “This decision has not been taken lightly, but the health of our customers, partners, and team is of paramount importance. We feel that as such an important event to the region, its postponement will allow the event to serve its purpose better,” a statement by Ros Irving, CEO of Capacity Media, read.

WAS develops roaming and interconnect agreement templates and wholesale charging principles. Additionally, it supports GSMA programs and projects with the development of roaming. It interconnects agreement templates and general charging principles that are unique to the needs of these efforts, as appropriate.

Consequences and opportunities for the ICT sector

COVID-19 and its impact in the ICT sector

The cancellation of international events due to COVID-19 brings to attention direct and indirect financial losses to thousands of technology companies.

It recalled that the ICT sector had had its share of COVID-19, but its contribution didn’t stop there. The ICT sector has been contributing the most in the fight against coronavirus.

Technology nowadays is playing the most crucial part. In the case of COVID-19, facial recognition is a key player.

As the coronavirus disease spreads globally, the online battle to keep misinformation and fake news about the condition is also stepping up. It is evident that Google, Facebook, and other platforms are struggling to stay ahead of scammers, trolls, and others with ill intent that routinely uses major tragedies or disasters as opportunities to deceive or manipulate people.