BROWSING: Asia Pacific
Softbank takes equity stake in 1NCE – as “only company that can deliver global IoT”
Global cellular IoT provider 1NCE has confirmed a long-trailed deal with Softbank, a major investor already in the firm, to release equity to the Japan-based carrier in return for exclusive distribution rights in Asia Pacific. Softbank will sell 1NCE in 19 markets in the...
Asia Pacific telcos to invest $331 billion in 5G in 2020-25: GSMA
Mobile operators in Asia Pacific are expected to invest over $400 billion on their networks between 2020 and 2025, of which $331 billion will be spent on 5G deployments, according to the latest Asia Pacific edition of the GSMA’s Mobile Economy series.
The report shows...
Asia Pacific to reach 675 million 5G connections by 2025, GSMA says
Mobile operators in the region are expected to invest $200 billion to upgrade 4G networks and launch 5G
Asia Pacific is expected to become the world’s largest 5G region by 2025, led by pioneering 5G markets such as Australia, China, Japan and South Korea, according...
Bharti Airtel sells additional stake in tower business
Bharti Airtel set to receive nearly $950 million for the stake in Infratel.
Indian telecommunications operator Bharti Airtel sold a 10.3% stake in its tower business Bharti Infratel for $948 million to a consortium of funds advised by KKR and the Canada...