Australia's mobile service revenue is poised to increase from 2023 to 2028, with a compound annual growth rate (CAGR) of 4.5%, driven by the steady growth in mobile data service revenues.
Industry News
Malaysia is Reportedly Dominating Southeast Asia in 5G Network Performance
With a median 5G download speed of 451.79 megabytes per second (Mbps), higher than the download speeds of Singapore, Thailand, and the Philippines, Malaysia maintains its lead in Southeast Asia for 5G network performance.
India’s Fixed Communication Services Revenue to Grow by 2028
India’s fixed communication services revenue is projected to increase at a compound annual growth rate (CAGR) of 2.9%, reaching USD 13.2 billion by 2028. This growth can be attributed to the significant expansion of the fixed broadband segment across the country.
Globe Telecom Completes USD 242 Million Tower Sale to MIDC
Globe Telecom, a company based in the Philippines, has completed the sale of 154 towers to Miescor Infrastructure Development Corporation (MIDC) for PHP 13.5 billion (USD 242 million).
Nearly 500K Phishing Attacks Target Southeast Asian Firms
In recent months, Southeast Asian businesses have faced an alarming surge in cyber threats, with nearly 500,000 phishing attacks specifically targeting firms in the region. These relentless attempts underscore the critical need for heightened cybersecurity measures to safeguard sensitive data and protect against evolving digital threats.
Unified Licenses Streamline Bangladesh’s Telecom 5G Evolution and Operations
Grameenphone, Banglalink, Robi Axiata, and Teletalk have all been granted a unified license by the Bangladesh Telecommunication Regulatory Commission (BTRC) to streamline their operations and 5G evolution paths.
Telkom Indonesia and NEC Indonesia Forge Partnership to Build Smart Cities
Telkom Indonesia and NEC Indonesia have recently inked a Memorandum of Understanding (MoU) aimed at jointly fostering the development of smart cities, focusing initially on the forthcoming new capital city of Ibu Kota Nusantara (IKN) and other urban centers across Indonesia.
COAI Urges Government Action Following Telecom Equipment Theft
The Cellular Operators Association of India (COAI), which represents major telecom operators such as Reliance Jio, Bharti Airtel, and Vodafone Idea, has expressed concern about the rising number of cases of telecom equipment theft and has urged government intervention.
Malaysia's JENDELA Program Makes Progress
Malaysia's Communications Minister announced that the National Digital Network (JENDELA) program, which aims to upgrade the country's broadband infrastructure, is progressing well and is expected to be completed by the end of next year.
China Increases Investment in R&D of 6G Wireless Technology
China's top industry regulator announced on Friday that the country will increase its efforts in researching and developing 6G wireless technology. Additionally, China will launch an initiative that combines artificial intelligence (AI) with various industries to promote new industrialization.