Industry News

Phil-Tower Consortium Inc (PhilTower) and Miescor Infrastructure Development Corporation (MIDC) have announced plans to form a joint venture to meet the growing demand for 4G and 5G infrastructure in the Philippines. According to a statement, the new joint venture company will own both PhilTower and MIDC, with the goal of maximizing their geographical footprints to provide better connectivity to customers. PhilTower operates 1,250 towers across three regions— Luzon, Visayas, and Mindanao. MIDC operates more than 1,250 towers, the majority of which are located in Luzon.

Indosat Ooredoo Hutchison reported outstanding performance in the 2023 fiscal year (which concluded on December 31, 2023), with strong growth in total revenue, EBITDA, EBITDA margin, data traffic, and the number of 4G BTS (Base Transceiver Station).

STT Global Data Centers, a leading data center operator in India, has announced its plans to invest USD 229 million in expanding its operational capacity in Tamil Nadu, the southernmost state in the country. Currently, STT GDC India's Chennai data center network consists of three facilities, which collectively offer over 45 MW of IT load capacity.

China Mobile has reportedly launched two new low Earth orbit (LEO) satellites to trial for 5G and 6G-related technologies.

Vertiv, a global provider of digital infrastructure and continuity solutions, has recently announced significant business growth. The company has expanded its capacity for switchgear, busway, and integrated modular solutions (IMS) by over 100% since acquiring the E&I Engineering and PowerBar Gulf switchgear, busway, and IMS business in November 2021.

Indonesia's state-owned communication company, PT Telkom Indonesia (TLKM.JK), is considering selling a portion of its data center business. The selling process is expected to be completed in the second half of this year.

TeleChoice International Limited, renowned for its innovative communication products and services, has recently made waves in the telecommunications industry by securing a substantial SGD 500 million contract with U Mobile, a leading player in Malaysia's telecom sector. This significant contract marks a pivotal moment for both companies, highlighting TeleChoice's expertise and U Mobile's commitment to enhancing its service offerings.

ZTE Corporation, a global leading provider of information and communication technology solutions, has recently been recognized for its leadership in corporate transparency and climate change performance by global environmental non-profit, CDP (Carbon Disclosure Project), securing a place on the CDP 2023 'A List.' Based on data reported through CDP's 2023 Climate Change questionnaire, ZTE is one of the 346 companies that achieved an 'A' out of over 21,000 companies scored.

MATRIXX Software, a leading global provider of 5G monetization solutions, has announced that Telstra, a major telecommunications company in Australia, has completed a multi-year expansion with the company. Telstra first implemented MATRIXX in 2014, and this new agreement expands MATRIXX's role to include operations support that was previously managed by other vendors.

The fixed communication service revenue in the Asia-Pacific region is expected to experience positive growth the in next five years, according to industry sources.