Singtel's wholly-owned subsidiary Singapore Telecom International has monetised a 1.6% stake in Airtel Africa through a market placement, as part of its capital recycling strategy. It raised net proceeds of approximately S$150 million from the placement which was well oversubscribed.
The Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE 6) consortium announced that construction has commenced on a 19,200 km-long submarine cable system connecting multiple countries between Singapore and France. SEA-ME-WE 6 will offer one of the lowest latencies available between Southeast Asia, Middle East and Western Europe, transferring more than 100 terabytes per second, the equivalent of 40,000 high-definition videos each second.
China Telecom’s “Cloudification and digital transformation” strategy has paid off. In 2021, China Telecom’s net profit reached RMB25,948 million, representing an increase of 24.5% year-on-year. Operating revenues amounted to RMB439.6 billion, growing by 11.7% over the preceding year.
Maxis has successfully trialed 10G PON (gigabit passive optical network)technology, reaching download speeds of close to 10Gbps over its live next generation fibre-to-home (FTTH) network. Conducted at Menara Maxis, the trial demonstrated download results of a 1GB video in less than a second, as compared to the current approximately 23 seconds on the normal 300Mbps GPON download speed.
SK Telecom (SKT) held a press conference at MWC Barcelona 2022 to announce that the company will enter the global market with “Next Big Tech”, which refers to its three key future leading technologies namely metaverse, AI semiconductor and quantum cryptography.
CITIC Telecom CPC has announced a partnership with DEAC, a data center operator in Riga, Latvia. The strategic partnership sets forth a framework for the parties to collaborate in both company's data center and other value-added offerings reselling, including innovative cloud products and services.
Singtel expands its offering for the enterprise market with the launch of Paragon, a revolutionary platform that aggregates networks, edge compute, public cloud and applications ecosystems to accelerate enterprises’ digital transformation.
Singtel and Zip, a leading global buy now, pay later (BNPL) player, announced an exclusive partnership to launch Zip’s pay later service in Singapore on the Dash app. This new service provides an alternate payment option for Dash customers, giving them the flexibility to choose between paying for their purchases immediately with Dash or paying later with Zip.Larry Diamond
Telstra and TPG Telecom announced a ground-breaking ten-year regional multi-operator core network (MOCN) commercial agreement, which will provide significant value to Telstra’s wholesale mobile revenues, while providing TPG Telecom group’s subscribers with 4G and 5G services within a defined coverage zone across regional and urban fringe areas.
Digital service providerTo help customers mitigate the impact of online risks, StarHub and Chubb Insurance Singapore Limited (Chubb) have introduced CyberCover, a cyber protection policy designed to provide financial support for StarHub mobile and broadband customers affected by cyber-bullying, identity theft, unauthorised transactions, and undelivered or discrepancies in online purchases.