Dubai, 18 November 2020: At the Telecom Review Summit 2020, the Middle East’s largest ICT gathering, Verizon was awarded the ‘Best North American Wholesale Operator’ This year’s Summit was organized both physically and virtually due to the ongoing pandemic, allowing panelists and attendees to participate in the hybrid event from anywhere in the world.

Read more: Verizon awarded ‘Best North American Wholesale Operator’ at Telecom Review Summit

Society is becoming less dependent on physical cash. Convenience and recent measures to reduce the transfer of germs and viruses have hastened the use of contactless payment. In fact, MasterCard predicts that by 2021, 90 per cent of all transactions will be cashless, with 82 per cent of consumers currently preferring “cleaner” contactless transactions over handling bills and coins.

Read more: Tapping into the demand for contactless payment

Two years after being arrested, former diplomat Michael Kovrig and businessman Michael Spavor seem to have been “indicted and tried”, according to Chinese Foreign Ministry spokesperson Hua Chunying. The two Canadians were arrested on December 10, 2018, days after Canada detained Huawei executive Meng Wanzhou, daughter of the founder of the Chinese colossus.

Read more: Canadians held in case linked to Huawei executive have been ‘indicted and tried’

With the aim of promoting competition and reducing prices for consumers, the Canadian Radio-Television and Telecommunications Commission (CRTC) introduced last year lower rates for wholesale access to high-speed networks. The federal government expressed its concerns that such a decision might undermine investments in Canada’s communications networks, especially in rural and remote areas.

Read more: The wholesale rates battle in Canada

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