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A new GSMA report warns market imbalances between network operators and online services providers may put global growth prospects at risk across multiple sectors of the internet-based economy. The report urges that policymakers must consider the interdependence of online services and other growth sectors on the underlying infrastructure investment.

Read more: Market Imbalances to Cause Internet Value Chain Growth to Plateau

China Broadband Communications (CBC) has appointed Ricky Chau as chief strategy officer. Ricky is responsible for CBC's overall corporate strategy, strategic partnerships and business development, including mergers and acquisitions (M&A), reporting to CBC’s CEO Richard Fung.

Read more: China Broadband Communications appoints new CSO to lead growth

Telecom Review Asia Pacific is a premier digital media platform covering the telecommunications and ICT industries in the Asia Pacific region. With its interactive and up-to-date website - www.telecomreviewasia.com - and fortnightly newsletters, Telecom Review Asia Pacific relays the latest news, insight and intelligence on the industry.

Read more: Stay connected to Asia Pacific’s telecom industry

Kacific’s achievements in fostering greater internet usage, fueling economic growth, and improving service delivery have been recognized by Telecom Review, with Christian Patouraux honored as CEO of the Year for Wholesale & Capacity.

Read more: Kacific’s Christian Patouraux named CEO of the Year for Wholesale & Capacity

Huawei’s net profit recorded an all-time high in 2021, increasing 75.9% year-on-year to reach 113.7 billion yuan. However, revenue declined by 28.6% from the preceding year, totaling 636.8 billion yuan. The company's R&D expenditure reached 142.7 billion yuan, accounting for 22.4% of total revenue, and the highest R&D amount the tech giant recorded in the past decade.

Read more: Huawei reports record-high net profit, solid growth in digital power, cloud and carrier businesses

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