Telecom & Internet
iWOW Technology profit falls 22% YoY in FY2024
iWOW Technology profit falls 22% YoY in FY2024
However, the revenue for the period surged by 81.5%.
Singapore’s updated Cybersecurity Act ensures heightened security in the digital age
The bill amending Cybersecurity Act was passed on 7 May.
Singtel unveils new growth plan
Under the plan, Singtel and Optus will streamline product offerings.
Singtel's 1Q24 net profit plunges to $795m amid $1.47b exceptional loss
Compared to 1Q23, net profit fell 64%.
Australian communications regulator sues Singtel-owned Optus over 2022 data breach
Authorities said the company failed to protect its customers from the data leak.
M1 CEO Manjot Mann to lead Keppel Connectivity Division
He will take on his additional role on 1 June.
Netlink NBN Trust reports 1.1% higher DPU for FY24
The company attributed the increase to higher revenue.
ST Telemedia GDC forms JV with VNG to develop data centres in Vietnam
The JV will facilitate the construction of a new data centre in Ho Chi Minh.
StarHub net profit rises 8.1% to $40.1m in 1Q24
Higher service revenue growth propelled the profit increase.
LIST: Most valuable Singaporean brands of 2024
The top company has a brand value of US$11b.
NBN CEO Stephen Rue to lead Optus
Coinciding with Rue’s appointment is the introduction of a new governance model.
NeraTel's 1Q24 revenue tumbles 44.7% despite surge in order intake
Its gross profit also dropped 42.4% in 1Q24.
Singtel warns of impending net loss in 2H24
The company attributed the loss to $3.1b in non-cash impairments.
iWOW Tech subsidiary secures $10.7m mobile engineering contract
The contract is projected to be completed within the next 36 months.
Over 100 domains linked to piracy shut down
Illegal streaming sites raise scam risk by 3.5 times.
Network failures disrupt Singapore firms for hours weekly
One in four firms faced up to four hours of weekly downtime due to network failures.
Singtel, Viettel ink deal for Vietnam-Singapore submarine cable
The VTS will also be expanded in Cambodia, Thailand, and Malaysia.
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