Globe Telecom Inc. is approaching the final stages of its PHP 45 billion (USD $768 million) sale of tower assets to Frontier Tower Associates Philippines Inc., , having recently completed another transaction that generated PHP 2.38 billion (USD $41 million) in cash flow.
Network News
Asia's Telecom Leaders Embrace Open Gateway Initiative
CEOs of major Asian telecom operators, Axiata and Globe Telecom, have expressed support for the progress made with the GSMA Open Gateway initiative while also advocating for deeper cross-operator collaboration within the industry.
Optus Embraces Ericsson's 5G Interference Sensing Software
Optus, in collaboration with Ericsson, has successfully conducted a pioneering pilot in a live network utilizing Ericsson’s innovative Interference Sensing technology. This technology aims to enhance network performance and provide customers with a superior data experience by dynamically detecting and mitigating inter-cell interference in real-time.
Huawei Highlights Open Gateway's Crucial Role in Shaping 5G-A Networks at MWC Shanghai
During the first day of MWC Shanghai, Dr. Philip Song, Chief Marketing Officer of Huawei Carrier Business Group, spoke about the pivotal role of Open Gateway in enabling carriers to adopt experience-driven operations leveraging diverse 5G-A network capabilities.
PLDT, Nokia Sign MoU for 5G Private Wireless Networks in Philippines
PLDT Enterprise and Nokia have entered into a Memorandum of Understanding (MoU) to collaboratively deliver 5G private wireless network solutions to businesses in the Philippines.
Chief Telecom and HGC Boost Global Connectivity
Chief Telecom (CHIEF), the operator of Taiwan's largest internet exchange, TPIX, and the world's leading internet exchange, AMS-IX; along with HGC Global Communications Limited (HGC), a comprehensive ICT service provider and network operator with extensive global coverage, have signed a Memorandum of Understanding (MOU) to offer a complete business solution to their customers.
Dialog Axiata Completes Acquisition of Airtel Lanka
Dialog Axiata PLC (Dialog) has successfully completed the acquisition of Bharti Airtel Lanka (Airtel Lanka) Limited via a share swap agreement, strengthening Dialog's position as the leading player in Sri Lanka’s telecom sector and expanding its capacity to provide innovative digital products and services.
PLDT, Smart Join GSMA’s Open Gateway Initiative
PLDT, together with its wireless subsidiary, Smart Communications (Smart); and B2B arm, PLDT Enterprise, has declared their participation in the GSMA’s Open Gateway initiative, which aims to implement standardized open network APIs.
Philippines Sees 1.38% GDP Boost Attributable to USD 288M Digital Infrastructure Project
Improved internet connectivity in the Philippines has led to a 1.38% increase in Gross Domestic Product (GDP), potentially boosting e-commerce activity.
South Korea to Revoke Stage X's Mobile Operator License
South Korea’s Ministry of Science and ICT is preparing to withdraw the operating license of Stage X, which was positioned to become the nation’s fourth mobile operator, as it reportedly did not satisfy the regulatory prerequisites necessary to commence mobile services.