ZTE Corporation has successfully hosted the "5G+AI Empowering Financial Technology Innovation Forum” in collaboration with the China Academy of Information and Communications Technology (CAICT), the China Association of Communications Enterprises and DAHAN TRICOM during MWC Shanghai 2023.
Indonesia's mobile service revenue is expected to grow at a mere 0.3% compound annual growth rate (CAGR) from US$10.4 billion in 2022 to US$10.6 billion in 2027, according to GlobalData. This is due to the continued decline in mobile voice revenues, which outweighs the steady progress in the mobile data service segment.
The ICT industry has come a long way in enabling today’s digital-first economy since the early advancements in 2G, 3G and 4G mobile internet connectivity. Now, with the rapid deployment and adoption of 5G technology, the digital economy holds tremendous potential for all sectors and industries and endless possibilities for new revenue and economic growth. However, to derive genuine value from this potential, carriers must focus on constant innovation and collaboration to meet the increasing digital requirements in both the consumer and industrial markets.
The GSMA hosted a press conference ahead of MWC Shanghai 2023, led by the GSMA’s Director General, Mats Granryd; Chief Marketing Officer, Lara Dewar; and Head of Greater China, Sihan Bo Chen.
Cambodian operator CamGSM, known as Cellcard, recently listed its Class A common stock on the Cambodia Securities Exchange (CSX). This marks the successful completion of the operator's initial public offering (IPO), with investors purchasing over 9.271 million shares, resulting in a total of more than US$5.28 million.
AdaniConneX, a joint venture between Adani Enterprises Ltd. and EdgeConneX, has completed financing for its data center assets currently under construction in India. The company has signed a Financing Framework and has raised $213 million through its first construction facility. This facility will fund two data centers with a total capacity of 67 MW, comprising the “Chennai 1” campus, which has a Phase 1 capacity of 17 MW, and the Noida campus, which has a capacity of 50 MW.
Indosat Ooredoo Hutchison (Indosat) continues its stellar operational and financial performance following its impactful merger. Embracing the spirit of collaboration, Indosat aims to empower Indonesia. In recognition of the company's numerous initiatives in achieving its goals, Vikram Sinha, President Director and CEO of Indosat Ooredoo Hutchison, was honored as CEO of the Year at the Selular Award 2023. In addition, Indosat Ooredoo won multiple awards, including Operator of the Year, Best Fiber to the Home Performance and Best Gaming Operator.
STT GDC Indonesia, a top provider of data center services, has officially launched its first data center facility, STT Jakarta 1, in Bekasi, Jawa Barat. The data center campus has the capacity to support up to 72 megawatts of critical IT capacity, with STT Jakarta 1 alone supporting up to 19.5 MW.
PLDT Global Corporation (PLDT Global) strengthens its commitment to bringing international technology solutions to the Philippines as well as supporting the country’s hope to become a hyperscaler hub in Asia.
Ericsson's latest Mobility Report reveals that the global growth of 5G technology is still ongoing, with India leading the way. Despite challenges in some markets, communication service providers worldwide are investing in 5G, and the report predicts that there will be over 1.5 billion 5G mobile subscriptions globally by the end of 2023.
