The total fixed services revenue in Vietnam is expected to grow at a compound annual growth rate (CAGR) of 0.9% from US$1.5bn in 2019 to US$1.6bn in 2024, supported by the steady rise in the adoption of fixed broadband services, according to GlobalData, a leading data and analytics company.
Industry News
Starhub lends support to migrant workers affected by COVID-19
Standing in unity with Singapore to overcome COVID-19, StarHub is responding to new identified and urgent areas of need and extending further support for migrant workers in isolation. These latest initiatives follow a series of financial, connectivity and entertainment support StarHub had earlier rolled out for customers and the community.
Chayora appoints new vice president of sales for China
Chayora Limited, an international infrastructure investor, developer and operator of hyperscale data centre campuses in China, has announced the appointment of Shining Xiao as Vice President of Sales, China based in Shanghai.
Indosat Ooredoo announces solid Q1 2020 performance
Indosat Ooredoo reported its first quarter 2020 performance to the market. Total revenue increased by 7.9% to IDR 6.5 trillion YoY, cellular revenue increased by 10.6% to IDR 5.4 trillion YoY, and EBITDA reached IDR 2.4 trillion, a 10.4% improvement YoY. Cellular subscriber numbers stand at 56.2 million by end of March 2020, and Average Revenue per User (ARPU) increased to IDR 29.6 thousand from previously IDR 26.5 thousand in Q1 2019, driven mainly by a data traffic increase of 63% YoY.
Huawei introduces flagship DCI solution to support Singapore’s enterprise market
Huawei has recently launched their flagship data centre interconnect (DCI) solution, Huawei OptiXtrans DC908, to assist with the exponential rise of Singapore’s enterprise market data flow and Internet traffic.
Samsung net profits down by 3% in Q1
Samsung has reported its financial results for the first quarter of 2020 which showed decreased profits due to the pandemic.
Singtel, JVCo announced as victors of 5G licenses
The Infocomm Media Development Authority (IMDA) announced Singtel Mobile Singapore Pte Ltd (Singtel) and the Joint-Venture Consortium (JVCo1 ) formed by StarHub Mobile Pte Ltd (StarHub) and M1 Limited (M1) as the winners of its 5G Call for Proposal (CFP).
Zoom selects Oracle Cloud to support video call demands
Instead of going with cloud giants Amazon or Microsoft, Zoom announced it had picked Oracle as a cloud infrastructure partner to support its rapid growth and evolving business needs as the enterprise video communications company continues to innovate and provide an essential service to its extensive customer base.
China Mobile and Huawei deliver world’s highest 5G base station
China Mobile and Huawei have jointly taken 5G connectivity to a new height by bringing the network to the summit of Mount Everest upon the completion of the world’s highest 5G base station on the altitude of 6500 meters.
Aurecon secures strategic expansion in Asia with new appointments
International engineering, design and advisory company Aurecon reaffirmed its commitment to building a multi-faceted engineering consultancy business in Greater China with the appointment of two industry veterans, Fredrick Leong and Kam Tim (KT) Lee as Executive Director, Environmental - Greater China and Technical Director – Electrical respectively in February 2020.