NOW Telecom Company has announced it was granted the approval of the Philippines’ Securities and Exchange Commission (SEC) for the increase of NOW Tel’s authorized capital stock, the quasi-reorganization of its equity and a stock split.
Industry News
SmarTone to Terminate 2G Services on October 14
SmarTone said that it would terminate its 2G services on October 14. This comes after Hong Kong’s Office of the Communications Authority announced the Communications Authority’s decision to grant prior consent to the application by SmarTone to discontinue its 2G services.
HKT Posts First-Half Results
HKT announced a 3% increase in its total revenue for the first half of the year, amounting to HK$16,157 million, while total revenue excluding mobile product sales grew by 5% to HK$14,868 million.
ZTE Lands Largest Share of China Mobile’s OTN Centralized Procurement
ZTE has announced that it has ranked in first place with a share of 50% in China Mobile’s centralized procurement 2022-2023 of optical transport networking (OTN) devices. ZTE’s selected devices will help the operator increase the coverage and bandwidth of its provincial networks to satisfy all-optical network development in the era of computing-network convergence.
Axiata Teams Up With Versa Networks To Deliver SASE Technology To Enterprises
Axiata Group Berhad announced it was teaming up with Versa Networks to provide Secure Access Service Edge (SASE) technology for rapidly digitalizing Asian enterprises.
India Offers Free 5G Test Bed to Startups and MSMEs
With an objective to boost the 5G ecosystem within India and to achieve the objectives of Aatmanirbhar Bharat and Make in India initiatives, the Government of India has decided to offer the use of Indigenous 5G Test Bed free of cost to the Indian government-recognized start-ups and MSMEs for the next six months up to January 2023.
SK Telecom to Help Upgrade Palau’s Communication Infrastructure
SK Telecom (SKT) announced that its Vice Chairman Park Jung-ho and CEO Ryu Young-sang met with Surangel Whipps. Jr., the president of the Republic of Palau, to discuss cooperation to upgrade Palau’s communication infrastructure.
DITO Slapped With Interconnection Penalty by Globe After Filing Anti-Trust Complaints vs Telco Giants
The Philippines’ two pioneering telecom firms, Globe and PLDT’s wireless unit Smart, hit back at new industry player DITO after it filed a complaint against the two firms for their alleged anti-trust practices.
CTM to Launch 5G Services Upon Awarding of Macau Government License
Macau’s telecoms regulator has accepted the bids for the city’s first 5G licenses, including that of major telecoms firms CTM and China Telecom (Macao) Limited.
2G and 3G Migrations Completed or in the Pipeline
The Global mobile Suppliers Association (GSA) has released the findings of its new report ”2G-3G Switch-off July-2022”. Drawing on information collected by the GSA about the switch-off of 2G and 3G around the world, this report noted that 135 operators have either completed, are planning or are in progress with 2G and 3G technology transitions in 68 countries and territories.