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Home-grown MyNews Holdings Bhd, which already operates some 570 stores, is bringing a South Korean convenient store brand to the Malaysian market. At its headquarters in Kota Damansara, the convenience store operator announced that its wholly-owned subsidiary…
The Philippines’ Globe Telecom has reported a 44% year-on-year increase in net profit for the first three months of 2019 to 6.7 billion pesos ($129.1 million), partly as a result of strong data revenue growth. The company reported revenue for the quarter of…
New data from Synergy Research Group revealed that hyperscale operator capex reached over $32 billion in Q4, outperforming the first three quarters of the year, which had themselves set records. Full-year hyperscale capex jumped 43% to almost $120 billion.…
Cisco announced that it is planning to fork out $5 billion funding over the next three years to help its customers for network transitions to 5G. Cisco said “the 5G movement is in steep ascent and service providers face significant financing pressures as they…
Global operator capex will to return to growth this year after two consecutive years of decline, research firm Dell’Oro predicts. The company is expecting a compound annual growth rate of 1% in constant currency terms between 2017 and 2020. This is an…
The Philippines’ Globe Telecom has allocated a capex budget for 2017 of around $750 million as the operator invests to expand its data network. The operator will spend the majority of its capex budget for the year on data network expansion, including…
