Financial - Telecom Review Asia

Home / Financial

Satellite acquisition

USD 3 Billion Acquisition to Create a Stronger Multi-Orbit Satellite Operator

As agreed by both parties, SES is set to acquire Intelsat through the purchase of 100% of Intelsat Holdings’ equity…

Huawei growth proliferates despite vindictive and sinister US campaign

Chinese telecommunications giant Huawei has recorded higher than projected revenue growth in the first two months of 2019, despite being…

China Tower gets approval for IPO

The world’s biggest telecom tower infrastructure company China Tower has confirmed that it has been given the seal of approval…

Samsung Electronics achieves record $14.7bn in Q1 operating profit

South Korean conglomerate Samsung Electronics which is the flagship subsidiary of Samsung Group has reported that it has achieved a…

Indian government implements measures to ease financial pressure on operators

The Indian government has taken proactive measures in an effort to relieve the financial pressures currently being endured by mobile…

Japanese conglomerate announces record profits for Q3 in 2017

Sony Corporation announced its highest ever third quarter operating profits for the fiscal year ending 31 December 2017, posting a…

ZTE’s investment in its operator network pays off as net profits increase by 300%

Chinese telecommunications vendor ZTE has recorded a phenomenal financial result for 2017 which has seen its net profit increase by…

Thai operator announces plans to cut 1,000 jobs despite profit growth

Thailand’s third largest mobile operator has announced that it is set to axe 1,000 jobs despite posting a sharp increase…

Japan’s largest mobile operator sees profits surge in Q3

Japan’s largest mobile operator has reported strong growth across almost all of its business lines in what was a rip-roaring…

Chinese AI firm launches its first international office in Singapore

Chinese firm YITU Technology (YITU) which is a leader in Artificial Intelligence (AI) research and innovation has officially launched a…

Samsung announces new CEO following record Q3 financial results

Samsung Electronics have selected their replacement for the outgoing vice chairman and CEO Kwon Oh-hyun, who surprised many industry analysts…

Chinese e-commerce leaders double profits as phenomenal success continues

Chinese e-commerce giants Alibaba has enjoyed another incredible financial quarter as it overseen its profits double - as its phenomenal…