Industry News

A new analysis of 5G across the Asia Pacific (APAC), published by the GSMA, has revealed wide disparities in 5G readiness across the region.

Huawei’s net profit recorded an all-time high in 2021, increasing 75.9% year-on-year to reach 113.7 billion yuan. However, revenue declined by 28.6% from the preceding year, totaling 636.8 billion yuan. The company's R&D expenditure reached 142.7 billion yuan, accounting for 22.4% of total revenue, and the highest R&D amount the tech giant recorded in the past decade.

The Cyber Security Agency of Singapore (CSA) has announced the launch of its licensing framework for cybersecurity service providers under its Cybersecurity Act (CS Act).

Yap Yong Teck has assumed the role of president at MyRepublic, stepping up from his previous role as group managing director. This promotion comes as MyRepublic reveals a new business vision and operating model as part of its decade-long anniversary celebration this year.

China Broadband Communications (CBC) has appointed Ricky Chau as chief strategy officer. Ricky is responsible for CBC's overall corporate strategy, strategic partnerships and business development, including mergers and acquisitions (M&A), reporting to CBC’s CEO Richard Fung.

Big Data Exchange (BDx), Asia-Pacific’s premier data center, colocation and hybrid cloud solutions provider, announced the relocation of the company’s global headquarters to Singapore. With this relocation, the company plans to continue investing in the Singapore market by creating new career opportunities and increasing its data center offerings and energy effectiveness.

Kacific’s achievements in fostering greater internet usage, fueling economic growth, and improving service delivery have been recognized by Telecom Review, with Christian Patouraux honored as CEO of the Year for Wholesale & Capacity.

Big Data Exchange (BDx), Asia-Pacific’s premier data center, colocation and hybrid cloud solutions provider, announced the relocation of the company’s global headquarters to Singapore. With this relocation, the company plans to continue investing in the Singapore market by creating new career opportunities and increasing its data center offerings and energy effectiveness.

Mobile money adoption and use saw continued growth in 2021, processing a record $1 trillion annually, according to the GSMA’s 10th annual “State of the industry report on mobile money”.

Myanmar's junta has approved the sale of Norwegian telecoms giant Telenor's Myanmar subsidiary to Lebanese conglomerate M1 Group, in a move activist groups warn could put sensitive customer data in the hands of the military.