Ride-hailing company Grab recently announced its new venture with telecoms service provider Singtel to bid for a digital full bank license in Singapore. The would-be consortium would see Grab owning a 60% share while Singtel will hold the remaining 40%.
Industry News
Ooredoo Myanmar, UNDP support rural communities via sustainable development
Ooredoo Myanmar and UNDP Myanmar today signed a Partnership Agreement to support the implementation of the Sustainable Enterprises and Agricultural Development (SEAD) Project. The project aims to establish an inclusive and sustainable rural development model in Myanmar’s Dry Zone leveraging Ooredoo’s advanced mobile technology and UNDP’s experience in promoting climate resilient farming practices in the Dry Zone region of Myanmar. 130 target villages in Myingyan and Nyaung U townships are expected to directly benefit from the 15 months project.
Bharti Infratel, Indus Tower billion dollar merger faces further delay
The proposed merger between Bharti Infratel, India’s leading telecom towers infrastructure provider, and the country’s largest mobile tower installation company Indus Towers, has been further delayed yet again to the 24th of February 2020.
Verizon’s Patrick Sullivan delivers keynote speech at Telecom Review Summit
Patrick Sullivan, Group Vice President of International Sales (APAC, EMEA, and LATAM), Verizon delivered a keynote address to the audience at Telecom Review Leaders’ Summit 2019.
South Korea’s telecom, pay-TV services expected to plunge within 5 years
The total telecom and pay-TV services revenue in South Korea is expected to decline at a compound annual growth rate (CAGR) of 0.3% in between 2019 and 2024. Growth in mobile data, fixed broadband and pay-TV segments’ revenues will however fail to offset steady decline in revenues from mobile voice, messaging and fixed voice segments, according to GlobalData, a leading data and analytics company.
ZTE releases latest state-of-the-art 5G Axon smartphone
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile Internet, announced the latest flagship smartphone ZTE Axon 10s Pro, which is compatible with both 5G SA and NSA modes. This device will be commercially available in China in the first quarter of 2020. Based on Android 10, ZTE Axon 10s Pro is empowered by the new flagship Qualcomm® Snapdragon™ 865 5G Mobile Platform that features the Qualcomm® Snapdragon™ X55 5G Modem-RF System, the world’s most advanced 5G mobile platform.
Starhub showcases first ever 5G powered pop-up
StarHub today unveiled its pop-up 5G showcase, which is open to visitors over two days at its StarHub Green headquarters in Ubi. Powered by Singapore’s first 5G Cellular-on-Wheels (COW), StarHub’s experiential event enables the public to see and feel the benefits of 5G first-hand.
Challenges of a 5G world explored during Telecom Review Summit panel discussion
The 13th edition of Telecom Review Leaders’ Summit hosted a panel discussion on capacity planning in the 5G data era which was moderated by Dr. Amine Mcharek, international consultant on economic and policy issues for digital transformation.
ZTE honoured by Association for Talent Development with prestigious award
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the mobile Internet, announced that it has been awarded with 2019 ATD Excellence in Practice (EIP) Award by Association for Talent Development (ATD) by virtue of the project of “Learning and Development: Improving the Efficiency of Knowledge Operation and Management in Capability Center”. The winning of the award demonstrates ZTE’s outstanding strength in talent training and development.
Huawei expresses confidence in commercialising 5G during Telecom Review Summit 2019
The much anticipated 13th edition of Telecom Review Leaders’ Summit was held at the Meydan Hotel in Dubai on Tuesday, the 10th of December 2019, bringing together industry leaders, partners and the who’s who of the telecoms world to explore some of the most exciting topics of the fourth industrial revolution, namely the role of 5G and the endless opportunities it would undoubtedly bring to telcos.