The total mobile services revenue in the Philippines is set to increase at a compound annual growth rate (CAGR) of 6.2% from US$3.7bn in 2020 to US$5.0bn in 2025, mainly led by the considerable growth in mobile broadband service revenues, according to GlobalData, a leading data and analytics company.
ConnecTechAsia, Asia's leading Infocomm Media and Technology event concluded last week after three days of insightful conference sessions and exhibitions on the latest solutions and trends empowering the digital economy.
ZTE Corporation has launched new Bug Bounty Programs to encourage security researchers and organizations worldwide to identify vulnerabilities in ZTE’s products and services.
International engineering, design and advisory company Aurecon was named The Australian Financial Review Most Innovative Company in Australia and New Zealand for 2020.
Indosat Ooredoo, Smart Axiata, PLDT Global, and over 50 mobile operators from across the region to gather to shape the future of intelligent connectivity in Asia’s fastest growing telco event, Telecoms World Asia, will take place virtually on the 27th to the 29th of October with a focus on intelligent connectivity in Asia.
Enea announced that it has acquired Aptilo, a leading provider of policy and access control solutions for carrier Wi-Fi and IoT (Internet of Things), headquartered in Stockholm, Sweden. The total consideration amounts to SEK 92 million which corresponds to an enterprise value of SEK 150 million on a cash and debt free basis. The acquisition will be financed through cash and bank loan and is expected to be earnings per share accretive in 2021. Aptilo is estimated to generate sales of approximately SEK 88 million for the full year 2020.
Ookla, the global leader in fixed broadband and mobile network testing applications, data and analysis today recognised Etisalat for being the fastest mobile network operator worldwide in 2020 providing its subscribers the most superior experience with the fastest mobile speeds from anywhere in the world.
ConnecTechAsia 2020 kicked off early this week, incorporating BroadcastAsia, CommunicAsia and NXTAsia to showcase innovative broadcast technologies, state-of-the-art communication services as well as provide an opportunity for industry leaders and business owners to build their network.
Huawei announced its business results for the first three quarters of 2020. During this period, Huawei generated CNY671.3 billion in revenue, an increase of 9.9% over the same period last year. The company's net profit margin in this period was 8.0%. Throughout the first three quarters of 2020, Huawei's business results basically met expectations.
The Infocomm Media Development Authority (“IMDA”) has partnered with Singapore’s Mobile Network Operators (“MNOs”) to hire and reskill 1,000 professionals to support Singapore’s 5G rollout. Of these, 30% are new roles, while the remaining are telecom professionals who will be upskilled in the areas of 5G network, cybersecurity and solution engineering to futureproof their jobs.
