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In a significant leap towards advancing the Internet of Things (IoT) landscape in the Philippines, Globe Telecom has joined forces with Thales, a global leader in eSIM technology, and the regional telecom consortium Bridge Alliance. This partnership is set to…
T-Mobile recently introduced new plans where customers were quick to notice that the taxes and additional fees were no longer factored into the price. Now, according to multiple people claiming to be T-Mobile representatives, it seems that the company is…
Seedcom, the operator of The Coffee House beverage chain and June fashion outlets, posted a loss of nearly VND240 billion ($10.45 million) last year due to Covid-19 impacts. The loss increased by nearly 24 percent from 2020. Its debt-to-equity ratio rose by…
US mall operators Simon Property Group and Taubman Centers have called off their planned merger, citing the impact of Covid-19 on the retail industry. Simon was to buy an 80-per-cent interest in Taubman, with the Taubman family retaining a 20 percent stake in…
Back in early 2016, the head of Huawei’s consumer division, Richard Yu, said that in five years Huawei would be the top smartphone manufacturer in the world. In 2015, the company had delivered 104.1 million handsets worldwide and had become more familiar to…
7-Eleven operator Seven & I has canceled its plans to purchase the American petrol station chain Speedway. The deal was terminated because the expected asking price of around US$22 billion was considered too pricey by the group’s board of directors. The…
For years telco revenues as measured in Average Revenue Per User (ARPU) have been on a decline. As consumers and business acquire a taste for broadband and mobile broadband connectivity, operators are pressured to offer bigger and faster pipes and to do so…
HKBN has secured approval from the Communications Authority to complete its acquisition of WTT Holding after making new commitments to the regulator. HKBN and WTT revealed plans in August last year to merger through an all stock deal valuing WTT at HK$10.5…
Sri Lankan national mobile service provider Mobitel has revealed plans to invest $50 million this year to deploy a 5G network and upgrade its network infrastructure. The operator, a wholly-owned subsidiary of Sri Lanka Telecom, has commenced 5G trials ahead…
The global telecom tower market is on track to grow at a CAGR of over 4.56% between 2019 and 2024, according to Research and Markets. In a new report, the research firm stated that tower sharing has become one of the major growth drivers for the telecom…
Konnectivity Corp has succeeded in its takeover attempt for Singapore’s third largest operator M1 and will now take the company private. Konnectivity, the joint venture established by major M1 shareholders Keppel Corp and Singapore Press Holdings, has…
Singapore’s StarHub has revealed it is pursuing network sharing arrangements to further cut costs, after announcing a planned 12% reduction in the operator’s workforce. The operator could reach a commercial network sharing agreement shortly and be reaping…
Satellite operator Intelsat has teamed up with business aviation connectivity provider Satcom Direct to provide in-flight broadband connectivity to business jets globally. Satcom Direct has become the first solution partner and master distributor for…
Japan’s Softbank has reportedly selected the banks that will serve as lead underwriters for the IPO of its domestic mobile business. The operator has picked banks including Nomura Holdings, Mizuho Financial, Sumitomo Mitsui Financial, Goldman Sachs and…
Australia’s Optus, through subsidiary Optus Business, has expanded its line-up of fully managed ICT solutions for enterprises. The operator has added contact center, security and storage solutions to its Optus GO portfolio of managed services. Optus GO…
The Philippines’ telecoms ministry and regulator has finally published the formal terms of the selection process for the market’s third operator. The final terms of reference for the beauty contest style selection process have been released by the Department…
