Nokia Corporation's Q2 and half-year 2024 report has demonstrated resilience and strategic progress despite a challenging market. Q2 net sales decreased by 18% year-over-year (YoY) in constant currency. This result was attributed to Nokia’s strong performance in India in the same quarter last year. Despite this decline, there were notable improvements in several key areas.
Vietnam's requirement for data to be stored locally has led to a high demand that local data center operators are struggling to meet. As a result, Vietnam has decided to allow foreign investors to own data centers in the country.
Singtel has announced its support for the merger of Intouch Holdings and GULF, Intouch's largest shareholder. This merger will create a leading digital and energy infrastructure company in Southeast Asia called NewCo.
Sales in telecom equipment manufacturing have exceeded INR 50,000 crore within three years since the introduction of the Production Linked Incentive (PLI) Scheme for the sector in India.
The Minister of Communications and Development of North Eastern Region, Jyotiraditya Scindia, convened a meeting with the Stakeholder Advisory Committee (SAC) for telecom service providers, where he met with Sunil Bharti Mittal, Founder and Chairperson of Bharti Enterprises; Akash Ambani, Chairperson of Reliance Jio; Gopal Vittal, CEO of Airtel; and Akshaya Moondra, CEO of Vodafone Idea.
India’s Department of Telecommunications (DoT) has urged the telecommunications industry to propose projects for a R&D initiative aimed at advancing the nation’s quantum communications networks.
The Philippines' inadequate broadband infrastructure has been attributed to outdated policy frameworks that impede expansion and restrict internet access for its citizens, as outlined in a recent World Bank report from early 2024.
The Philippine government is launching a new project to expand fiber broadband coverage nationwide. However, analyst firm, BMI Country Risk & Industry Research, warns that simply deploying more lines won't increase connectivity if the services remain too costly.
The Telecom Regulatory Authority of India (TRAI) has commenced consultations to establish a framework for authorizing telecom services under the recently enacted Telecommunication Act.
Converge ICT Solutions Inc. (Converge), a leading fiber broadband and technology company in the Philippines, has signed a Memorandum of Understanding (MOU) with Super Micro Computer Inc. (Supermicro), a US-based IT solutions provider specializing in artificial intelligence (AI), cloud, storage, and 5G/edge technologies.
