Indosat
Indosat Ooredoo Hutchison delivered strong financial performance in the nine months that concluded on September 30, 2023. This encompassed year-on-year revenue growth and EBITDA enhancements. During this period, Indosat witnessed a total revenue surge of 8.5% to reach USD 2.4 billion in the first nine months of 2023, driven by the cellular, MIDI, and fixed telecom business segments.
The finale of FutureNet 2023 marked the conclusion of a two-day event filled with profound insights and discussions. The second day got off to an auspicious start, as Giles Cummings, founder and CEO of FutureNet World, and Andrew Collinson from Connective Insight took the stage for the opening remarks.
Leading data and analytics company, GlobalData, has forecasted Taiwan's mobile service revenue to expand at a compound annual growth rate (CAGR) of 5.3% from $6.2 billion in 2023 to $8.0 billion in 2028, fueled by increasing mobile data adoption.
The highly anticipated FutureNet 2023 event kicked off with a burst of energy and enthusiasm on its first day. The event promised insights into the future of telcos and network services as it gathered some of the brightest minds in the telecommunications industry. The day began with opening remarks from the event's founder and CEO, Giles Cummings, and Andrew Collinson, the founder and principal of Connective Insight.
Under the theme of 5.5G enabling superior network experience and driving sustainable development, an impressive lineup of speakers shared their expertise and insights during the second day of Huawei’s Global Mobile Broadband Forum (MBBF) 2023.
The Global Mobile Broadband Forum 2023 witnessed a groundbreaking moment in the telecom industry as Zain KSA and Huawei joined hands to sign a memorandum of understanding (MoU). Telecom Review had the opportunity to participate in the signing ceremony and witness a significant step in the collaborative efforts towards green technology.
UnionBank of the Philippines is using Red Hat OpenShift Service on Amazon Web Services (AWS) to migrate mission-critical workloads from on-premises environments to AWS, a widely adopted cloud platform. This transition enables UnionBank to launch innovative financial services more quickly, such as digital wallets, AI-powered financial assistants, and mobile payment apps.
In a groundbreaking announcement at the 5G Industry Summit during the Global Mobile Broadband Forum 2023, Huawei unveiled that RedCap, the revolutionary 5G technology, is officially embarking on its global commercialization journey with a connection forecast of 100 million connections in 3 years.
FutureNet Asia 2023, one of the most highly anticipated ICT events in the Asia-Pacific region, took place in Singapore from October 18 to 19. With over 300 attendees, including prominent leaders from the ICT industry, the event provided a platform for sharing valuable insights on the future of the telecom industry, focusing on network automation and intelligence.
According to the industry body, GSMA, more than half (54%) of the world's population now owns a smartphone. However, the rate of new mobile internet users has slowed down. The GSMA's annual State of Mobile Internet Connectivity Report 2023 reveals that 4.3 billion people currently own a smartphone. These smartphone users are skilled at finding mobile internet services to assist them with various tasks.
