GSMA director general Vivek Badrinath asks in his keynote: as we begin to see 5G’s full potential, how can we drive growth? With faster speeds, ultra-low latency and enhanced network slicing capabilities, he said completing the 5G journey will open up more growth opportunities.
Accident Compensation Corp acquired a 5% stake in Spark New Zealand between 12 October 2024 and 12 February, purchasing 17.2m shares valued at NZD48.9m. The New Zealand Crown entity is responsible for administering the country's no-fault accidental injury compensation scheme.
BIG: @SensorTower1 data shows @tiktokus drives 88 million hours per day of consumer engagement, about $2 billion of annual consumer spend and 8% share of the digital ad space.
The Bureau of Industry and Security (US Commerce Dept) added 11 Chinese companies to its entity list, claiming they advance China's military modernisation through the development and integration of advanced AI research. They require a licence to export to the US.
#mbbf Yang Chaobin, president of ICT Products & Solutions at Huawei, cited forecast predicting AI agents to jump to 5 billion by 2030, just six years. Took mobile internet 15 years to reach that number.
#M360 APAC @veon group digital operations and performance officer Lasha Tabidze said 110 million customers use its apps and digital services across its markets, with 1/3 not being telecom customers.
Vodafone Idea appointed Ambika Khurana, previously director of public policy at Netflix, as chief regulatory and corporate affairs officer. She replaces P Balaji, who resigned in January after holding the position for nine years. He moved to Air India.
NEC's new system using biometric authentication technology is capable of checking large numbers of people at one time, even when in motion, speeding up admission and reducing congestion at major events and transit systems. The Sept launch targets Japan, the US and Singapore.
TSMC's sales jumped 45% in July, registered 30.5% gain in Jan-July period to TWD1.52T. Foxconn booked a 5th straight month of double-digit y-o-y revenue growth in July, with sales in the first 7 months up 6.5% to TWD3.45T. Still facing declines in Smart Consumer Electronics.
Malaysia's media watchdog @mcmc introduced a new framework requiring internet messaging and social media service providers with more than 8M users to apply for an applications service provider class licence. After a 5-month grace period, it goes into effect 1 Jan.
. @RobiAxiata tax payments of BDT16.9 billion ($143.7 million) to the #Bangladesh government in Q2 accounted for 65% of total revenue, yet it was able to register a net profit of BDT1.1 billion.
. @zte claimed in its 16th annual sustainability report it is the first large ICT company in China to secure approval for its near- and long-term greenhouse gas (#GHG) emission reduction targets from The Science Based Targets initiative ( #SBTi ).
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