ITU’s global connectivity fund enroute 2026 target, hits $50b

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Doreen Bogdan-Martin News

ITU

The UN Agency for digital technologies, International Telecommunications Union (ITU) on Monday, announced $4.8 billion in investment

The UN Agency for digital technologies, International Telecommunications Union on Monday, announced $4.8 billion in investment commitments toward global connectivity. The announcement brings the total pledges aimed at closing the digital divideThe UN Agency for digital technologies, International Telecommunications Union on Monday, announced $4.8 billion in investment commitments toward global connectivity.

ITU informed that AT&T will help 25 million people in the hardest-to-connect areas in the United States to get and stay connected by 2030 through a commitment of $3 billion. This brings to $5 billion the total committed by AT&T since 2021 to narrow the digital divide. The additional $3 billion commitment will address the main barriers to connectivity – affordability and adoption – for those who need it most.

“Because of the leadership, vision and ambition of P2C’s pledgers, millions of people will be allowed to have more accessible, more affordable digital technologies for socio-economic growth, improved health and everything that makes connectivity meaningful,” said Bogdan-Martin. “It’s extremely exciting to see new pledges begin to leverage the power of artificial intelligence to transform the inclusive digital societies we all aspire to build.

The downward spiral of Foreign Direct Investments into this federation further corroborates the politico-economic perspective to state police. The best approach is to correlate the flow of FDIs with our security trends year by year.

 

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