Indosat Ooredoo reported its first quarter 2020 performance to the market. Total revenue increased by 7.9% to IDR 6.5 trillion YoY, cellular revenue increased by 10.6% to IDR 5.4 trillion YoY, and EBITDA reached IDR 2.4 trillion, a 10.4% improvement YoY. Cellular subscriber numbers stand at 56.2 million by end of March 2020, and Average Revenue per User (ARPU) increased to IDR 29.6 thousand from previously IDR 26.5 thousand in Q1 2019, driven mainly by a data traffic increase of 63% YoY.
For the three months ending 31st March 2020, ZTE reported operating revenue of RMB21.484 billion. Net profit attributable to holders of ordinary shares of the listed company reached RMB780 million, and net profit after extraordinary items attributable to holders of ordinary shares of the listed company amounted to RMB160 million, representing a year-on-year increase of 20.5%. Basic earnings per share was RMB0.18.
Samsung has reported its financial results for the first quarter of 2020 which showed decreased profits due to the pandemic.
As DISH Network continues its buildout of the nation's first software-defined 5G wireless broadband network, the company has entered into a multi-year agreement with leading network software provider Mavenir to deliver cloud-native OpenRAN software.
Instead of going with cloud giants Amazon or Microsoft, Zoom announced it had picked Oracle as a cloud infrastructure partner to support its rapid growth and evolving business needs as the enterprise video communications company continues to innovate and provide an essential service to its extensive customer base.
Huawei held the "5G+, Better World" online summit. At the event, the President of Huawei's Carrier BG Marketing and Solution Sales Dept, Peng Song called on the ICT industry to stay together and build a better world.
International engineering, design and advisory company Aurecon reaffirmed its commitment to building a multi-faceted engineering consultancy business in Greater China with the appointment of two industry veterans, Fredrick Leong and Kam Tim (KT) Lee as Executive Director, Environmental - Greater China and Technical Director – Electrical respectively in February 2020.
As part of its ongoing commitment to support open source projects and
Telenor delivers a solid financial quarter, meeting the increasing need for connectivity across all markets. Telenor’s operations are demonstrating robustness as COVID-19 impacts performance in many markets.
CommScope has announced RUCKUS Analytics, a new cloud service that delivers network intelligence and simplifies service assurance, enabling organizations with complex networks to proactively improve their users’ experience.