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Technology is changing rapidly, with significant repercussions for the world of communications and business generally.

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Mobile virtual network operators, or MVNOs, may be the next thorn in the sides of telecoms and mobile operators. A senior investment advisor has warned that Artificial Intelligence, also known as AI, could make it a lot easier for MVNOs to stake a place in the communications industry.

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The initiative is called the Urban Connected Communities Project, and it is taking applications from large towns and cities to be part of it. Local authorities - or even combinations of authorities - with a telecoms coverage area of at least half a million people, can present their case to receive funding for 5G technology, VOIP systems and business systems, which would be a huge boost to the area.

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The 2018 Mobile World Congress was held between February 26 and March 1 in Barcelona, and more than 100,000 people attended the event.

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Huawei, the Chinese tech giant, has announced details of its proposal to spend £3 billion on intellectual property, services and technology supplied by the UK during the next five years.

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Brands are very important when it comes to retaining the edge in business, and in a recent ranking of the top 500 brands in the world, it was found that technology firms were buoyant, but the position of telecoms providers was generally sinking.

The top five brands were all titans of the internet - Google, Apple, Amazon, Facebook and Samsung. These had all demonstrated big leaps in the value of their brands over the past year. Amazon topped the list, with its brand being valued at $150 billion, which was a 42 per cent increase from the year before. Amazon is now the most valuable brand in the world.

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Nokia’s latest earnings were better than expected, and the beleaguered telecoms company might even show a profit again by the year 2020.

The most recent results from Nokia were higher than anticipated, and the Finnish technology, mobile and office based telephony solutions company may be back on the path towards business health.

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