Industry News

HKT has delivered another year of solid financial results in 2024, driven by growth across its key business segments, particularly enterprise solutions and 5G services.

South Korea is set to build the world's largest AI data center by capacity, reinforcing its position as a global technology leader.

The Bangladesh Telecommunication Regulatory Commission (BTRC) has imposed a 50% limit on bandwidth imports from India, aiming to reduce dependency on a single source and encourage diversified international connectivity.

Healthcare facilities are currently experiencing staff shortages, coupled with an increase in patient numbers, necessitating the need for innovative artificial intelligence (AI)-driven solutions.

Malaysia’s fixed communication services revenue is projected to grow at a compound annual growth rate (CAGR) of 1.8%, rising from USD 1.9 billion in 2024 to USD 2.1 billion by 2029.

China Telecom has officially announced that the Asia Direct Cable’s (ADC) capacity, an international submarine cable project led by China Telecom, is now in service ahead of schedule.

In 2024, Globe achieved impressive financial results by setting a new record in consolidated gross service revenues of PHP 165 billion, showing a 2% increase compared to the previous year. This growth was mainly driven by increases in mobile revenue, which reached a record PHP 116.7 billion (over USD 2 billion), and corporate data revenue, which hit PHP 20.4 billion, marking an 11% rise. Together, these two segments accounted for 83% of total consolidated gross service revenues, up from 81% in 2023.

Meta is set to bring ‘Project Waterworth,’ the world’s longest undersea cable system, to India (one of its key markets). The 50,000-kilometer subsea cable, expected to be operational by the end of the decade, will span five continents.

China Unicom has announced its 5G-Advanced Action Plan, aiming to roll out 5G-Advanced services in the central areas of 39 key cities and locations in over 300 other cities by the end of 2025.

Nokia has announced that CAMGSM PLC, also known as Cellcard, will upgrade its fiber network from GPON (Gigabit Passive Optical Network) to XGS-PON (10 Gigabit Symmetrical PON) using Nokia's Lightspan and Altiplano broadband solutions.