Toku, Asia Pacific's only dedicated cloud communications provider, announced the completion of a $5 million Series A funding round. Delivery Hero-backed DX Ventures led the round, with participation from existing investors including Tembusu Partners and Neptune Invest Asia. The Singapore-based company will use the funding to enhance its product capabilities and coverage, so it can further simplify digital transformation for the region's businesses.
The Global mobile Suppliers Association (GSA) confirmed the number of launched 5G networks has surpassed 175 for the first time, and now stands at 176 - with a presence in 72 countries and territories. This figure is expected to grow as, by mid-August 2021, 461 operators in 137 countries/territories are investing in 5G, including trials, acquisition of licences, planning, network deployments and launches. At the same time, the number of 5G devices that are commercially available has grown to 608, up more than 66% in six months.
The Australian Communications and Media Authority (ACMA) has opened applications for the upcoming 2021 auction of 5G spectrum in the 850/900 MHz band.
Group-IB, one of the leading providers of solutions dedicated to detecting and preventing cyberattacks, identifying online fraud, investigation of high-tech crimes and intellectual property protection, and VNPT Information Technology Company (VNPT-IT), a national Vietnamese technology company, signed a Memorandum of Understanding. The two parties will work together to develop and provide solutions and services that will ensure a cybersafe business environment in Vietnam.
According to the Telecom Regulatory Authority of India (TRAI),the number of telephone subscribers in India increased from 1,198.50 million at the end of May 2021 to 1,202.57 million at the end of June 2021, representing a monthly growth rate of 0.34%. Urban telephone subscription increased from 661.18 million at the end of May 2021 to 666.10 million at the end of June 2021, however, the rural subscription decreased from 537.32 million to 536.47 million during the same period. The monthly growth rates of urban and rural telephone subscription were 0.74% and -0.16% respectively during the month of June 21.
Cradlepoint, a global leader in cloud-delivered 4G and 5G wireless network edge solutions, announced two new hires in the company’s APAC partner team. Judy Faulkner joins the company as the new Partner Account Manager for Australia and New Zealand and Tim Karamitos joins as Regional Sales Manager, Managed Service Providers for Asia Pacific.
The Philippines smartphone market grew 22.6% year-on-year in 2Q21, according to the International Data Corporation’s (IDC) Quarterly Mobile Phone Tracker. This was the fourth consecutive quarter of year-on-year growth.
In what has become an annual tradition, Telecom Review will honor leading ICT brands at the traditional Telecom Review Excellence Awards ceremony that will be held on the evening of the December 8th. As always, the winners will be chosen by an independent panel of judges.
Singapore and the United States have signed a Memorandum of Understanding (MOU) to expand cooperation on cybersecurity. The MOU was signed by David Koh, Chief Executive of the Cyber Security Agency of Singapore (CSA) and Jen Easterly, Director of the Cybersecurity and Infrastructure Security Agency (CISA).
The United States and China continue to tread along their intense international competition with the global audience keeping its eye on a rising power and a not-so declining one. As policymaking in Washington — from economics to infrastructure — is increasingly formulated to go head-to-head with China, businesses have recently expressed their major concerns to take “swift action” in addressing “burdensome” tariffs.
