2020 has started off facing an unprecedented level of uncertainty across the globe and within the telecommunications industry with respect to the ultimate impact of COVID-19. At the time of publication of this report, the virus has spread to over 120 countries, the World Health Organization has declared a pandemic, and global stock markets have become increasingly volatile. The telecommunications industry will be affected—the cancellation of key industry forums and events including MWC 2020, an industry-wide shift to working from home where possible, and major containment actions by countries including China, Italy, and the US indicate both the seriousness of the situation and that as an industry, we are in uncharted territory with respect to how this will ultimately play out. Clients, please log in to view the full content.