An analysis by GlobalData, a leading data and analytics company, indicates that the Content Delivery Networks (CDN) segment is poised for significant expansion, giving various chances for existing telecom connectivity providers. The report credits this upbeat forecast to continuing product and service innovation in the CDN sector.

Read more: GlobalData: CDN Segment Growth Expected to Create Opportunities for Telcos

ZTE was recently invited by the International Telecommunication Union (ITU) to participate in the celebration event of the 55th World Telecommunication and Information Society Day (WTISD), an annual observance celebrated on May 17 to raise awareness about the importance of ICT in promoting social and economic development worldwide.

Read more: ZTE Pledges Continued Commitment to ITU, Partner2Connect

Indosat Ooredoo Hutchison and Mastercard have formed a strategic alliance to transform Indonesia's digital payment landscape. Through this agreement, both organizations hope to create innovative digital solutions and experiences that will empower consumers and businesses while also supporting financial inclusion and boosting the expansion of the country's digital economy.

Read more: Indosat, Mastercard Collaborate to Expand Financial Inclusion in Indonesia      

In 2020 and 2021, the market for cyber insurance saw enormous growth, mostly as a result of sharply increased premiums. Insurers raised premiums as a result of the rise in the frequency and severity of cyberattacks as well as the widespread adoption of remote working following the epidemic. In light of this, a top data and analytics company, GlobalData, predicts that the worldwide cyber insurance market will increase from US$16.7 billion in direct written premiums (DWP) in 2022 to US$33.4 billion in 2027.

Read more: Cyber Insurance Market Predicted to Reach U$33.4 Billion by 2027

The smartphone market in New Zealand experienced a 4.2% year-on-year decline in the first quarter of 2023, according to the International Data Corporation's (IDC) Worldwide Quarterly Mobile Phone Tracker. With only 336,000 units shipping during this period, the market struggled to overcome customer concern generated by the forthcoming budget and general elections in 2023.

Read more: New Zealand Sees Smartphone Market Drop in Q1

ST Telemedia Global Data Centres Philippines, a joint venture between Globe, Ayala Corporation and Singapore-based ST Telemedia Global Data Centres (STT GDC), announced the development of the Philippines' largest and most interconnected carrier-neutral data center.

Read more: ST Telemedia Global Data Centres: Big Plans Ahead for the Philippines

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