MyRepublic has executed a subscriber transfer agreement with Superloop Ltd. The agreement relates to the acquisition of MyRepublic’s Australian National Broadband Network (NBN) subscribers only and does not include any assets or liabilities of the MyRepublic legal entity. The agreement marks the exit of the Singapore-based telco (launched in 2016) from the Australian broadband market effective December 23, 2022, with completion expected shortly thereafter.
Industry News
Telecom Review Excellence Awards 2022: China Mobile Receives One Regional, Two Global Recognitions
As a wrap-up to the 16th edition of Telecom Review Leaders’ Summit, Telecom Review organized the 11th edition of its Excellence Awards ceremony where global and regional companies and industry leaders are being recognized for their innovative efforts and influential reputation throughout 2022.
True, dtac Deny Media Reports of Scheduled Board Meeting on Planned Merger
True Corporation and dtac have denied local news reports on a scheduled Board of Directors meeting to set the date for the repurchase of shares from dissenting shareholders, the date for the convening of a joint shareholders' meeting to approve the formation of a new company, the timing of the trading suspensions and the date for the first trading of the new company.
ZTE Wins 'Best Technology Deployment' Award at Telecom Review Leaders' Summit
ZTE has been awarded “Best Technology Deployment” at the 2022 Telecom Review Leaders’ Summit for its radio composer, the industry-first solution powered by native AI at 5G base stations to deliver high-level 5G services.
Globaldata: 5G to Boost Overall Mobile Service Revenues in Thailand Through 2026
GlobalData predicts that the total mobile service revenue in Thailand is poised to increase at a compound annual growth rate (CAGR) of 4.9% from $8.5bn in 2022 to $10.8bn in 2027, mainly supported by an increase in 5G subscriptions and rising data average revenue per user (ARPU).
Taiwan’s Fixed Broadband Service Revenue Projected to Increase by 4.3% in 2022–2027
Data and analytics company GlobalData has predicted that Taiwan’s fixed broadband service revenue will increase at a compound annual growth rate (CAGR) of 4.3% over 2022–2027.
Radio Composer Is Industry’s First Native-AI Based Networks Solution
The Telecom Review Award for “The Best Global Technology Deployment” went to ZTE Corporation for their AI-based radio network orchestration solution, Radio Composer.
Singapore and Shenzhen Partner for Smart City Initiatives
The Ministry of Communications and Information (MCI) and Infocomm Media Development Authority (IMDA) inked eight Memorand of Understanding (MOU) and unveiled 14 new joint projects under the Singapore-China (Shenzhen) Smart City Initiative (SCI) at the 3rd Joint Implementation Committee (JIC) meeting.
ITU-Led Partner2Connect Raised US$29.92 Billion to Bring World Online
Commitments worth US$29.92 billion have been pledged since March to bring the world's hardest-to-connect communities online, according to the International Telecommunication Union (ITU), the United Nations' specialized agency for information and communication technologies.
Philippines’ Fixed Communication Services Revenue Projected to Reach $6 Billion by 2027
The total fixed communication services revenue in the Philippines is expected to increase at a compounded annual growth rate (CAGR) of 2.7% from $5.2 billion in 2022 to $6 billion in 2027, forecasts data and analytics firm GlobalData.