There are planes which are grounded and the factories have been shuttered as the cities have been locked down. The lifeblood of the economy in the modern world has to be flowing.
There is an ongoing fear which is widespread with regard to the failure of the communication networks as there is a surge in the internet traffic as the internet has been unfounded when it has been needed the most. The providers of broadband have been adapting this to the new world of the enforced teleworking, home learning and the families which are keeping them in touch through the toddler groups and FaceTime streaming as there are sing- along of nursery rhymes.
Apart from the odd glitch which is localized, this is seeming to be an industry which can cope up with the turmoil which is induced by the coronavirus without a massive intervention. The sector of telecommunication has been the worst performer when it comes to the stock markets of Europe in the decade has been among the safer bets for the investors who had panicked. The telecom sector has emerged as a safe haven in the stock rout of Europe.
There are swings in demand which have been big and very sudden. In the region of Spain, the online gaming has grown by close to threefold in the last week as kids had been sent home from their schools while the usage of WhatsApp had surged by seven times. This had peaked when the Prime Minister had his daily conferences on this pandemic.
The night time traffic has gone up by 4 times in Italy for Amazon with the average of 5GB per second and before the outbreak was close to 20GB per second in the week.
