The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has warned of a widening digital divide between high-income and low-income countries in Asia, saying that fixed broadband penetration is only about two percent in 20 Asian countries.
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A consortium of global investment firms has pumped $550m into 18 month old Indonesian mobile platform GO-JEK. The consortium includes KKR, Warburg Pincus, Farallon Capital and Capital Group Private Markets, existing shareholders and other international investors. Previous investors include Sequoia India, Northstar Group, DST Global, NSI Ventures, Rakuten Ventures and Formation Group.
The Thai Government has finalized the terms of reference for its ambitious Bt15 billion ($433m) National Broadband project and expects to call for bids soon and to announce the winning bid by September 15, according to a report on the Bangkok Post.
Chinese telecoms equipment maker Huawei has reported a 40 percent increase in sales for the six months to 30 June 2016 over the same period last year, to CNY245.5 billion ($US36.7b) with an operating margin of 12 percent.
Distributed denial of service (DDoS) attacks increased 43 percent to more than 34,000 attacks in the second quarter of the year, according to Nexusguard's Q2 2016 Threat Report - Asia-Pacific.
Ericsson's Board of Directors today announced that Hans Vestberg steps down as President and CEO and member of the Board of Directors of Ericsson with immediate effect. Jan Frykhammar, executive vice president and CFO, will assume the CEO position until a new CEO is in office.
The Shenzhen branch of China Telecom has teamed up with Huawei to 'transform Shenzhen into a benchmark smart city with Gigaband all-optical networks.'
Actility, which has developed an IoT network based on LoRaWAN low powered wide area network technology, has partnered with Foxconn Technology Group (Foxconn) to deliver a comprehensive suite of IoT solutions to the Chinese market, starting in Q3 of 2016.
Telstra's investment arm, Telstra Ventures has teamed up with Telkom Indonesia's equivalent, PT Metra Digital Investama (MDI), for the joint exploration of investment opportunities in technology start-up sector in South East Asia.
IDC Asia/Pacific has released as report assessing Asia/Pacific (excluding Japan) organizations' maturity and progress in their digital transformation initiatives, saying it shows Asia/Pacific organizations to be still at a nascent stage of digital transformation, with 45.4 percent of enterprises surveyed operating at the basic ad hoc level (ie digital resisters) and yet to establish basic digital transformation capabilities and adopt digital solutions systematically.