Dubai has expressed its aspirations to become the next FinTech hub. The city has enjoyed decades of rapid growth - and has developed its infrastructure to become a key business center which has now firmly switched its focus towards the FinTech sector.

The CTO of Australian incumbent Telstra has admitted that the telecommunications firm is pushing its gigabit LTE to maximize the most of its existing 4G network as it prepares for the forthcoming 5G era. Hakan Eriksson, CTO, said the primary objective behind Telstra's strategy is to improve 4G as much as possible in order to be properly prepared for the introduction of 5G technology.