U Mobile announced that Straits Mobile Investment has agreed to reduce its stake in the Malaysian telecom operator from 48.3% to 20%.
Network News
M1 Expands Reach with Strategic ADG Acquisition
ExpiredM1 Limited (M1) has announced an agreement to acquire a 70% stake in ADG National Investment and Technology Development Corp (ADG), with the remaining 30% to be retained by its current shareholders, including its Chairman and Founder, Vu Minh Tuan.
Telekom Malaysia Backs Government's 5G Dual Network Plan
ExpiredTelekom Malaysia Bhd (TM) announced that it acknowledges the government's decision to implement a 5G dual network and supports initiatives that enhance the benefits of 5G technology for everyone.
PLDT Secures Social Loan for Fiber Expansion
ExpiredPLDT has secured a PHP 2 billion (USD 34.4 million) social loan from HSBC Philippines. The funds will be used to finance the expansion of its fiber infrastructure in underserved and unserved communities.
SoftBank Completes Major GPU Upgrade, Boosting AI Platform
ExpiredSoftBank Corp. announced that it has completed the installation of around 4,000 NVIDIA Hopper GPUs in its AI computing platform in Japan. This platform is currently being expanded.
Airtel Brings 5G to Mumbai’s New Metro Line
ExpiredBharti Airtel has become the first telecom operator to deliver uninterrupted 5G connectivity at ten newly inaugurated stations along the Mumbai Metro Line-3, also referred to as the Aqua Line.
Globe Chosen as Partner for Malaysia-U.S. Submarine Cable Project
ExpiredGlobe Telecom Inc. (Globe) has been selected by the Philippine partner for the 19,000-kilometer MYUS Cable System, connecting Malaysia to the United States.
Rakuten Mobile Secures NICT Funding for Global Standardization of Advanced Edge Cloud
ExpiredAs of October 2024, Rakuten Mobile has initiated a project aimed at promoting the international standardization of advanced edge cloud technologies. This project has been selected for support by Japan’s National Institute of Information and Communications Technology (NICT) under its Innovative ICT Fund Projects for Beyond 5G/6G: Strategic Program for Social Implementation and Overseas Deployment.
Nokia, Chunghwa Telecom Extend Partnership to Enhance 5G Network
ExpiredNokia has been chosen by Chunghwa Telecom (CHT) to upgrade its 5G network in central and southern Taiwan in a one-year extension deal.
PLDT's VITRO, HGC Partner to Strengthen Philippine Data Center Connectivity
ExpiredPLDT Group's data center subsidiary, VITRO, under ePLDT, has announced a strategic alliance with Hong Kong-based HGC Global Communications (HGC) aimed at enhancing data center connectivity in the Philippines.