The world’s top telecom group GSM Association or GSMA said that the South Asia region is low in attracting foreign investment and that needs regulatory frameworks to be fostered to boost innovation and investments for digital transformation.
“South Asia is disproportionately low in attracting investment. Regulatory frameworks must be modernized to foster and facilitate investment, innovation, and growth for strong foundations for digital transformation,” GSMA Asia Pacific head Julian Gorman said at the ETTelecom Digital Telco Virtual Summit 2020.
Gorman said that there was a need to apply that whole of government methodology to build the foundations for digital transformation and work towards the digital vision.
“The mobile has provided a cushion to the economic and social shock of COVID-19. By and large, at a high level, it could be said the industry and the government collaborated in many markets, to keep people connected, businesses online, and the pandemic in check with the community have information on the virus,” the top executive said.
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