Ooredoo and CK Hutchison Holdings Limited ("CK Hutchison") have entered into an exclusive and non-legally binding Memorandum of Understanding (MoU) in relation to a potential transaction to combine their respective telecommunications businesses in Indonesia, PT Indosat Tbk and PT Hutchison 3 Indonesia.
Industry News
SpaceLee (Li Xiangyu) lauds success of first-ever hybrid Telecom Review Summit
ExpiredIn the midst of a global pandemic, the highly anticipated 14th edition of Telecom Review Leaders’ Summit became the first-ever hybrid event to be organised in the region. The Summit enabled industry leaders, partners and the who’s who of the telecoms world to come together both physically and virtually to explore some of the most important topics affecting the industry, namely the impact of the pandemic on the ICT sector and the future of digital transformation post Covid-19.
Colt boosts connectivity for Japanese enterprises
ExpiredColt Technology Services has announced that it provides connectivity to Oracle Cloud in Tokyo and Osaka for Fullenergy Limited, a Cloud Integrator that owns a group of engineers specialized for Oracle Cloud.
ZTE committed to enhancing the digital revolution in Asia Pacific
ExpiredZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, is well positioned to invest in the Asia Pacific region and become a market leader in providing 5G-centric connectivity, computing and platform to facilitate the digital transformation of thousands of industries.
ICT leaders discuss the link between cloud and digital transformation
ExpiredA new virtual panel was organized by Telecom Review on December 14th to discuss the role of cloud in accelerating businesses’ digital transformation.
China leads mobile games market with forecasted growth in 2020
ExpiredIn Q3 2020, the Chinese mobile gaming market posted robust revenue growth. It generated a total of $7.56 billion. Compared to Q3 2019, that marked an increase of 25% and 3.14% higher than Q2 2020.
Nokia announces group collaboration to enhance enterprise industry solutions
ExpiredNokia announced the ‘Nokia Local 5G Technology Partnership’, a new strategic alliance involving Conexio, Hitachi Kokusai, NS (Nippon Steel) Solutions, Omron and Sharp to accelerate adoption of 5G-based enterprise industry solutions in Japan.
Softbank Group announces solid H1 recovery after devastating annual loss
ExpiredJapan's SoftBank Group has announced its first-half net profit soared 346.7 %, sealing a strong recovery after a massive annual loss, as tech stocks rally and the firm sheds assets to shore up its finances.
Research by Nokia confirms 5G networks up to 90 percent more energy efficient
ExpiredA new study by Nokia and Telefónica has found that 5G networks are up to 90 percent more energy efficient per traffic unit than legacy 4G networks. The research, which was conducted over a three-month period, focused on the power consumption of the Radio Access Network (RAN) in Telefónica’s network. The rollout of 5G networks is set to increase traffic dramatically making it critical that the energy consumed does not rise at the same rate. The findings highlight both companies’ commitment to climate change.
Ooredoo Group net profit up despite dip in revenue
ExpiredOoredoo Group announced a strong set of financial results despite macroeconomic weakness in some of their markets. The Doha-based company said its net profit increased by 16%to QAR 1.47 billion in the first nine months to 30 September from QAR 1.26 billion in the same period in 2019 in a more favorable foreign exchange environment.