Malaysia’s total mobile service revenue is expected to increase from USD 5.2 billion in 2023 to USD 6.1 billion by 2028, with a compound annual growth rate (CAGR) of 3.2%, driven by the growth in mobile data service revenues.
Industry News
Telecom Review Excellence Awards: Nominations Now Open
Telecom Review is thrilled to announce that nominations for the prestigious Telecom Review Excellence Awards 2024 are now officially open. This annual recognition, a notorious segment of the well-known Telecom Review Leaders’ Summit event, recognizes and honors the outstanding achievements and innovations within the ICT industry.
Vodafone Sells 18% Stake in Indus Towers to Bharti Airtel
Vodafone Group sold a larger-than-planned 18% stake in Indus Towers in India for USD 1.82 billion (MYR 8.6 billion) on Wednesday. Local telecom operator, Bharti Airtel, bought shares to increase its stake to nearly 50%.
Japan Enacts Law Mandating Tech Giants to Facilitate Access to Third-Party Apps
Japan has passed a new law requiring tech giants such as Google and Apple to provide access to third-party smartphone apps and payment systems on their platforms or face significant fines.
KKR and Singtel to Invest SGD 1.75 Billion in STT GDC
ST Telemedia Global Data Centres (STT GDC) is set to receive a SGD 1.75 billion investment from a KKR-led consortium consisting of KKR and Singtel, marking the largest digital infrastructure investment in Southeast Asia this year.
Juniper Research Prediction Smart Grid Savings to Surge 249% by 2029
A recent study conducted by Juniper Research, a leading authority in smart cities markets, predicts that the potential savings from smart grids will increase by 249% by 2029, up from USD 84 million in 2024. This growth will benefit both utilities and consumers.
TM and Nxera Launch Hyperscale AI-Ready Campus in Johor
Malaysia is experiencing a surge in data center development, with Telekom Malaysia (TM) and Nxera, the regional data center division of Singtel's Digital InfraCo unit, teaming up to build data centers in the country.
35 Cities and Regions Unite to Launch a New Era of 5G-A Connectivity
On June 6, coinciding with the 5th anniversary of 5G licensing, the 2024 High-Quality Development Forum for Mobile Communications was held at the Zhongguancun International Innovation Center in Beijing.
Vietnam Faces Triple Subsea Cable Outages
Vietnam has confirmed that three out of its five subsea cables are currently down. This lack of connection has consequently resulted in significantly reduced internet speeds.
EdgePoint Infrastructure Extends its Reach in Southeast Asia
EdgePoint Towers, a subsidiary of EdgePoint Infrastructure has successfully deployed 15,000 towers across its three primary markets: Malaysia, Indonesia, and the Philippines.