Indosat Ooredoo Hutchison reported outstanding performance in the 2023 fiscal year (which concluded on December 31, 2023), with strong growth in total revenue, EBITDA, EBITDA margin, data traffic, and the number of 4G BTS (Base Transceiver Station).
VEON subsidiary, Banglalink, announced that it has completed the sale of a portion of its tower portfolio in Bangladesh to Summit Towers for BDT11 billion (USD100 million).
China Mobile has reportedly launched two new low Earth orbit (LEO) satellites to trial for 5G and 6G-related technologies.
Telekom Malaysia is reportedly considering constructing a new hyperscale data center to expand its capacity beyond the existing Klang Valley Data Center (KVDC) and Iskandar Puteri Data Center (IPDC). This new facility is expected to have a minimum IT power capacity of 40 Megawatts (MW) and will cater to large cloud service providers and internet companies.
Indonesia's state-owned communication company, PT Telkom Indonesia (TLKM.JK), is considering selling a portion of its data center business. The selling process is expected to be completed in the second half of this year.
Singtel has unveiled a new initiative aimed at propelling AI development in Singapore and the broader region. In a strategic move, the company is partnering with both global and local ecosystem collaborators across AI, renewable energy, sustainable technologies, and talent development. This aligns with Singtel's concurrent expansion of its regional data center business beyond Singapore, to new markets like Indonesia and Thailand where a new generation of green, sustainable and hyper-connected AI-ready data centers are in the pipeline.
ZTE Corporation, a global leading provider of information and communication technology solutions, has recently been recognized for its leadership in corporate transparency and climate change performance by global environmental non-profit, CDP (Carbon Disclosure Project), securing a place on the CDP 2023 'A List.' Based on data reported through CDP's 2023 Climate Change questionnaire, ZTE is one of the 346 companies that achieved an 'A' out of over 21,000 companies scored.
Following allegations of data leaks affecting 750 million telecom users, India's Department of Telecommunications (DoT) is urging service providers to conduct a security audit of their systems.
The fixed communication service revenue in the Asia-Pacific region is expected to experience positive growth the in next five years, according to industry sources.
ZTE has signed a Memorandum of Understanding (MoU) with Masyarakat Telematika Indonesia (MASTEL), China Institute of Communications (CIC), and Telkom University to develop digital ecosystems in Indonesia and China. The signing ceremony, witnessed by officials from both countries, symbolizes their commitment to enhancing digital talent through training, research, and career development programs.
