The mobile services revenue in Malaysia is poised to grow at a sluggish compound annual growth rate (CAGR) of 0.1% during 2019-2024, from US$5.1bn in 2019 to US$5.4bn in 2024, after registering a major drop in the market revenues in 2020 due to the COVID-19 outbreak, according to GlobalData, a leading data and analytics company.
Industry News
Ooredoo spearheads adoption of versatile digital workplace
ExpiredIn a pilot initiative aiming to adopt and support a more agile digital culture, Ooredoo Group has extended its Work-From-Home procedures, allowing employees whose work doesn't require them to physically be in the office to continue working remotely until the end of 2020.
Nokia, True Group unite to empower the region’s digital economy and lifestyle
ExpiredNokia has won an IP/MPLS network deal with Thailand’s leading complete digital lifestyle enabler, True Group. Nokia’s solution, which will be deployed in the northeastern and eastern areas of the country where the important Eastern Economic Corridor (EEC) is located, will enable a robust 5G rollout with customized services requirements for throughput, latency and reliability.
Samsung’s Q2 earnings expected to soar despite economic uncertainty
ExpiredSamsung Electronics forecast a 23% rise in second-quarter operating profit, with strong demand for memory chips and displays overcoming the impact of the coronavirus pandemic on smartphone sales.
Telecom Review to hold virtual panel on wholesale and capacity
ExpiredFollowing the success of the first virtual panel which tackled the impact of COVID-19 on 5G deployment, Telecom Review is set to hold a virtual panel entitled: Capacity and data traffic: Enabling a seamless experience, on July 21st at 16:00 pm UAE time.
Cisco and Rakuten deploy highly innovative cloud-native virtualized architecture
ExpiredCisco and Rakuten have adopted the world’s first end-to-end fully virtualized cloud-native mobile network.
Nokia software upgrade ensures instantaneous migration of legacy 4G radio units to 5G
ExpiredNokia today announced the availability of a software based upgrade that will enable its 4G/LTE radios to be migrated seamlessly to 5G/NR.
GSMA Thrive 2020: ZTE hosts 5G SA Summit highlighting industry innovation
ExpiredZTE Corporation has hosted 5G SA Summit 2020, in partnership with GSMA, by means of live streaming. As a program at GSMA Thrive, industry partners, such as China Telecom, China Mobile, China Unicom, Orange, Deutsche Telekom, Ooredoo, GSMA and Tencent have attended 5G SA Summit 2020 this year.
Huawei experiences 13.1% revenue increase in H1 2020
ExpiredHuawei has announced its financial results for the first half of 2020 which showed a 13.1% increase year-on-year and a net profit margin of 9.2%.
GSMA Thrive 2020: “Everyone will benefit from the opportunities brought by 5G”
ExpiredAt the New Infrastructure and Business Digitalization Forum held during the first GSMA Thrive 2020 event, Mr. Gan Bin, chief marketing officer for Huawei’s wireless network solutions, delivered a keynote speech entitled "5G Brings Five Opportunities with New Value". In this speech, Mr. Gan elaborated why "5G is the digital foundation of new infrastructure to upgrade connectivity, AI, cloud, computing, and industrial applications and inject new vitality into economic development".