Industry News

The world's biggest smartphone maker, Samsung Electronics, reported a slump in fourth-quarter net profits, blaming weakening demand in key products and falling chip prices.

With 5G commercial roll-out anticipated in Q3 2020, it will open opportunities for the adoption of advanced technologies in many verticals like digital healthcare and tourism. U Mobile has worked hard to explore ways in which 5G may benefit Malaysians through its use in various verticals. In total, five ‘live’ use cases are being showcased in Langkawi in conjunction with the 5G Demonstration Projects, organised by the Malaysian Communications and Multimedia Commission. In December 2019, U Mobile showcased how 5G connectivity will power remote GP consultation via DOCpod by DoctorOnCall. The telco also showcased the speed of their 5G network, which achieved speeds of 1.2 gbps. Over the weekend, U Mobile showcased more 5G live use cases: remote consultation with MEDCOM, virtual reality (VR) multi-player gaming and VR tourism.

The fourth quarter results reflect overall solid performance for Telenor Group. During the quarter, subscription and traffic revenues increased by two percent and operating expenses decreased by six percent. As a result, EBITDA improved by five percent.

ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, has announced that ZTE and MTN Uganda have jointly launched the first 5G SA network in East Africa, demonstrating 5G use cases at an event themed "Experience the Future Together", taking place in the Nyonyi Garden, Kampala, Uganda. 

International engineering, design and advisory company Aurecon has appointed industry veteran Andy North into the newly-created role of director of growth strategies in Asia.

Telenor Group has announced its new Chief Executive Officers in three of its Asian subsidiaries- Telenor Myanmar, dtac in Thailand and Grameenphone in Bangladesh.

ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that it has assisted China Mobile, China Telecom, China Unicom and China Tower deploy telecommmunications networks, including 5G networks, in Dabie Mountain Medical Center in Huanggang, to cope with the outbreak of new coronavirus pneumonia in Wuhan.  

Angry Indian street traders vowed to stage protests against the world's richest man Jeff Bezos as the Amazon tycoon started a visit just as authorities launched an anti-trust investigation into e-commerce giants.

BICS, a leading international communications enabler, revealed that 4G roaming traffic doubled in 2019 for the third consecutive year, as subscriber demand for high-capacity borderless connectivity continues to boom.

Asia-Pacific (APAC) will be the leading region in terms of 5G technology adoption with 1.14 billion subscribers, accounting for 65% of global 5G subscriptions by 2024, says GlobalData, a leading data and analytics company.