Indonesian tower company, Dayamitra Telekomunikasi (Mitratel), has reported a significant increase in profit due to tower acquisitions and growth in tenancy occupations. In a statement, the subsidiary of Telkom Indonesia revealed that profits grew by 16.6% year-on-year to IDR 14 trillion (USD 92.8 million), while revenue increased by 11.9% to IDR 6.3 trillion.

Read more: Mitratel Surges Ahead as Southeast Asia's Largest Tower Company

Indosat Ooredoo Hutchison (IOH) and TIMWETECH announced the successful deployment of TIMWETECH's Digital Service Delivery Platform, which showcases Indosat's commitment to redefining partner engagements and generating innovation that benefits telecom customers.

Read more: Indosat and TIMWETECH Deploys Digital Service Delivery Platform

Dialog Enterprise, Sri Lanka's leading ICT solution provider, has partnered with Microsoft and H One to launch ‘Operator Connect’, a unique communication service that integrates with Microsoft Teams – a first in Sri Lanka, demonstrating the company’s dedication to market innovation.

Read more: Dialog Enterprise and H One Launch Operator Connect in Sri Lanka

ST Telemedia Global Data Centers (STT GDC), a rapidly growing data center provider, has announced its plans to develop a second data center campus in Malaysia. This new campus will have the capacity to support up to 120 megawatts of critical IT capacity. STT GDC recently entered the Malaysian market through a partnership with Basis Bay to develop their first data center campus in Cyberjaya.

Read more: ST Telemedia Global Data Centers Expands Footprint in Malaysia

Indonesian operators have partnered with the Ministry of Communication and Informatics (MCI) to establish a task force that aims to expedite the deployment of 5G technology. The task force's main objective is to develop a strategy that addresses technical, technological and financial challenges. Specifically, they are focusing on resolving the financial obstacles related to the Non-Tax State Revenue (PNBP) generated from the allocation of 5G frequencies to mobile network operators (MNOs).

Read more: Indonesian Telecom Operators Forge Alliance with MCI

Indonesia has seen some recent developments in the data center industry, with Telkom Indonesia launching a new data center in Banda Aceh on the Island of Sumatra. This facility is part of Telkom's neuCentrIX data center ecosystem, which offers colocation, cloud services, and internet exchange. It is the 18th metro that neuCentrIX has entered and will primarily serve government services and local internet service providers.

Read more: Indonesia's Data Center Industry Expands in Banda Aceh and Batam

MUFG, Japan's largest financial services provider, has chosen Amazon Web Services (AWS) as its preferred cloud provider in order to accelerate its cloud-first strategy. By utilizing AWS technologies, MUFG aims to apply generative artificial intelligence (AI) and machine learning (ML) to better serve its customers and develop new digital financial products.

Read more: MUFG Embarks on Digital Transformation Journey: Selects AWS as Cloud Partner

Globe Telecom reported growth in its mobile business revenue, but also disclosed a decrease in profits for the first nine months of the financial year. The operator stated that profits fell by 27% from PHP 26.46 billion (USD 474 million) to PHP 19.29 billion (USD 345 million).

Read more: Globe Telecom Sees Mobile Revenue Growth Amidst Profit Decline

More Articles ...