Vietnam is planning to phase out its 2G network services by December 2023 in order to develop more advanced telecommunication technologies. The Authority of Telecommunications, under the Ministry of Information and Communications (MIC), has held meetings with telecom service providers in Vietnam, who have committed to disabling 2G-only devices by the end of this year.
Service News
DITO Telecommunity Secures $3.9 Billion Loan for Network Rollout
DITO Telecommunity, based in the Philippines, has obtained a 15-year $3.9 billion loan from a group of international banks to finance the expansion of its network.
MEASAT Empowers 600 Remote Schools With High-Speed Satellite Broadband
MEASAT, Malaysia's rural broadband service provider, has announced that it is now connecting nearly 600 school sites in remote areas across the country through its high-speed wireless satellite broadband service, CONNECTme NOW.
Jio Introduces 5G FWA Service in Eight Cities in India
Reliance Jio has launched its 5G-based fixed wireless access (FWA) service, called JioAirFiber, in eight cities in India: Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kolkata, Mumbai and Pune.
Globe Telecom Secures $263 Million Loan
Globe Telecom has obtained a PHP15 billion ($263 million) loan from Metropolitan Bank & Trust Company to fund its network upgrade and debt refinancing.
PLDT Further Expands Cloud, Data Center Offerings in the First Half of 2023
PLDT has grown its information and communications technology (ICT) business, consisting of data centers, multi-cloud access and a suite of fixed and wireless solutions, reaching ₱23.2 billion (over $40 million) in service revenues in the first half of the year.
India’s Lava to Introduce 4G Feature Phones
Lava International, an Indian mobile phone manufacturer, has announced its goal to introduce 4G feature phones. The company seeks to capture a third of the country's feature phone market over the next year and grow into a prominent player in the budget phone segment.
True Digital Group Joins Forces With Vectra AI for Improved Risk Management
True Digital Group, a digital transformation enabler in Thailand launched by True Corporation, has selected Vectra AI, an expert in AI-driven cyber threat detection and response, to enhance its defense against the increasing number of cyber threats.
WhatsApp Expands Payment Services in India
WhatsApp, the popular text and voice service, has expanded its payment offering in India by launching an in-chat payments service for businesses. With millions of users in India, WhatsApp now allows shoppers to pay for products and services through the app using credit and debit cards, WhatsApp Pay and India's digital payments network, UPI.
Reliance Jio Secures Offshore Loan for 5G Network Expansion
India's largest operator, Reliance Jio Infocomm, is reportedly raising up to US$2 billion in offshore loans with BNP Paribas as the lead arranger. The funds will be used to purchase 5G network equipment from Ericsson. BNP Paribas will provide US$1.9-2 billion over a nine-month period, with support from Swedish export credit agency EKN.