Industry News

The rise in cyber-attacks, digital transformation initiatives and remote working trends are pushing spending on security hardware, services and software in Asia/Pacific, excluding Japan as per new IDC findings.  IDC expects the spending to reach $36 billion in 2023, an increase of 16.7% over the previous year. It further states that security investments will remain resilient in 2023 and the forecasted years (2021–2026) on the back of uncertain global economic conditions. IDC expects spending on security-related products and services to grow at a five-year CAGR of 15.4% over the forecast period to reach $55 billion by 2026.

Telenor Asia has announced the completion of the merger of the telco operations of True and dtac in Thailand. The transaction is reportedly the largest telco merger in Southeast Asia by combined enterprise value.

Jio Platforms, a subsidiary of Reliance Industries, is set to buy fixed wireless access (FWA) maker Mimosa Networks for $60 million as it looks to broaden its 5G and broadband services, according to a company statement.

ZTE, in partnership with Guangzhou Metro Group and China Mobile Guangzhou Branch, has been awarded the “Best Mobile Innovation for Connected Economy” for the joint project 5G-empowered Smart Metro in Guangzhou at the Global Mobile (GLOMO) Awards during the Mobile World Congress (MWC) 2023 in Barcelona, Spain. The accolade is in recognition of the impressive efforts that the winners have been dedicated to in enhancing productivity and greatly fueling the transformation of the 5G industry and society.

In an increasingly digitalized world, submarine cables are essential to ensuring that global networks are well interlinked to support modern data traffic. Navigating the open seas becomes the top priority as the industry comes together to collaborate on critical infrastructure to address the demands of digital economies.

Singtel has announced the launch of the GSMA Open Gateway framework, an interoperable and federated network with open standard application programming interfaces (APIs) that will accelerate the development and growth of services in areas such as fintech, identity, smart mobility, gaming and Web3.

TM Forum, the industry association driving digital transformation through collaboration, will hold DTW Asia in Bangkok for the first time from March 14–16 at the Centara Grand at Central World.

South Korea has announced its plans to roll out the commercialization of the 6th generation of mobile communication (6G) by 2028, two years ahead of the original schedule of 2030 under the K-Network 2030 plan.

The digital connectivity divide separating the globe's least developed countries (LDCs) is widening, according to ITU's Facts and Figures: Focus on Least Developed Countries. 

MC Digital Realty, a 50-50 joint venture between Mitsubishi Corporation and Digital Realty that provides a full suite of data center solutions in Japan, has officially launched KIX13, the fourth building on the 23,000-square-meter Osaka data center campus.