Telecom & Internet

Cloud provider OVH expands to Singapore and Sydney with two new data centres

These increases the number of their locations from six to eight.

Chinese TMT IPO proceeds triples to $264.9b in 2018

China Tower Corp, Xiaomi Corp and Meituan Dianping had the largest IPOs in H2 2018.

Keppel-SPH buyout could strengthen M1's MVNO position

This could help the telco which is facing a decline in its mobile customer base, marked by a 4.1% to 1.96 million in Q4.

Starhub unveils 50GB data bundle for $20 monthly

Surfing speed will be at 1MBps after the data is used up.

StarHub's cybersecurity venture may wipe out $30m in staff cost savings

The firm's cybersecuty business was hit by a $12m NPAT loss in Q4.

Axiata green lights Keppel-SPH buyout offer for M1

The Malaysian telco will gain $31m from the transaction.

StarHub's profits dropped 26.2% to $201.5m in 2018

It blamed lower contributions from its mobile and Pay TV segments.

Singtel's Q3 profits slid 14.2% to $823m

It blamed lower NBN migration and an increased shift from voice to data services.

Malaysian telcos set for 2% profits boost in 2019 amidst looming 5G rollout

The service revenues of the country's big 3 players will also inch up by 1% following a flattish year.

Singaporeans still prefer telco incumbents over disruptive upstarts: survey

Around 81% have decided to stick to their tried-and-tested providers for over two years.

M1's profits slipped 6% to $130.7m in 2018

It blamed higher costs associated to customer retention, repair and maintenance expenses.

Thailand to switch off its 2G services by October 2019

Operators are looking to make way for 4G and eventually 5G data networks.

Singapore's telcos turn to MVNOs as a defensive strategy

A sharp increase in new mobile operators is placing further pressure on them to solidify their subscriber bases.

Keppel T&T's profits edged up 16.8% to $65.45m in 2018

The increase was due to higher gains from its associated companies.

M1 inks deal with Nokia to boost cloud-based IoT platform

The platform is integrated with cybersecurity technologies to secure IoT devices and data.

TPG grapples with risk of negative cash-flow until 2024

It could fail to hit EBITDA-breakeven revenue of $150m over the next four years.