Vertiv, a global provider of digital infrastructure and continuity solutions, has recently announced significant business growth. The company has expanded its capacity for switchgear, busway, and integrated modular solutions (IMS) by over 100% since acquiring the E&I Engineering and PowerBar Gulf switchgear, busway, and IMS business in November 2021.
Industry News
Telkom Indonesia Plans Multi-Billion Dollar Sale of Data Center Business
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.
TeleChoice International Ltd. Secures SGD 500 Million Contract with U Mobile
TeleChoice International Limited, renowned for its innovative communication products and services, has recently made waves in the telecommunications industry by securing a substantial SGD 500 million contract with U Mobile, a leading player in Malaysia's telecom sector. This significant contract marks a pivotal moment for both companies, highlighting TeleChoice's expertise and U Mobile's commitment to enhancing its service offerings.
ZTE Makes CDP ‘A List’ for its Leading Climate Action
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.
Telstra Enhances 5G Monetization with MATRIXX Expansion
MATRIXX Software, a leading global provider of 5G monetization solutions, has announced that Telstra, a major telecommunications company in Australia, has completed a multi-year expansion with the company. Telstra first implemented MATRIXX in 2014, and this new agreement expands MATRIXX's role to include operations support that was previously managed by other vendors.
APAC Fixed Communications Market Set to Grow Through 2028
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.
Indosat Ooredoo Hutchison Posts Impressive FY 2023 Results: Revenue Surges 10%, EBITDA Soars 23%
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's Banglalink Completes USD100 Million Tower Sale to Summit Towers
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 Pioneers Launch of 6G Test Satellite
China Mobile has reportedly launched two new low Earth orbit (LEO) satellites to trial for 5G and 6G-related technologies.
Telekom Malaysia Eyes 40MW Hyperscale Data Center
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.