Favorable regulatory landscape, increasing machine to machine (M2M) and smartphone subscriptions, and the upcoming 5G technology are set to drive South Korea’s total mobile data revenue from US$13.9bn in 2019 to US$15.5bn in 2024, according to GlobalData, a leading data and analytics company.
KT Corp. said its satellite-operating subsidiary, KT SAT, has successfully conducted the world’s first 5G data transmission with a satellite connection.
Kacific Broadband Satellites Group (Kacific) has selected Tata Communications, a leading global digital infrastructure provider, to provide terrestrial connectivity services as it readies for the launch of its first satellite, Kacific1. Tata Communications will provide global internet and state-of-the-art cyber security services for Kacific’s Ka-band satellite network.
US officials have agreed to grant licenses to several firms to provide components to Chinese tech giant Huawei, which faces sanctions imposed over national security concerns.
ZTE Corporation, a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, announced its partnership with China Telecom to complete the verification of the industry's first FAST (FDD Assists Super TDD) solution at 2.1GHz and 3.5GHz in Shenzhen, China.
Nokia has been selected by New Zealand operator Spark for its roster of 5G suppliers. The deal, announced yesterday, will see Nokia’s 5G technology deployed across New Zealand as part of Spark’s 5G network, delivering faster speeds, enhanced response times and more bandwidth to Spark’s customers.
The merger creates a regional leader in online classifieds. Telenor Group receives a 32 percent stake in the company, making it the largest minority shareholder. 701Search will cease to be a subsidiary company of Telenor Group and will merge its operations with Carousell with immediate effect.
According to the latest IDC Worldwide Semiannual Security Spending Guide, spending on security hardware, services, and software in Asia/Pacific is expected to reach USD 16.4 billion in 2019, an increase of 20.01% over previous year. IDC expects investment on security related products and services to grow at a five-year CAGR of 20.1% over the forecast period (2018-23) and reach USD 34 billion by 2023.
Increase in the demand for mobile Internet connectivity and growing unique subscriber base is set to drive the total mobile service revenue in China from US$153bn in 2019 to US$165bn by the end of 2024, says GlobalData, a leading data and analytics company.
Softbank has recently announced plans to merge its subsidiary Z Holdings, known formerly as Yahoo Japan, with mobile messaging giant and Whatsapp rival Line to form a Japanese internet juggernaut that would not only be a leader in data and AI, but also be able to compete with some of the world’s largest and richest technology companies, mainly in the United States and China.
