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PCCW Raises $110million from Hony, Foxconn and Temasek to Expand OTT Services

PCCW Media has raised $110million from Chinese investment group Hony Capital, Taiwannese chipmaker Foxconn, and Singapore sovereign wealth fund Temasek …

OTT Streaming Startup iflix Raises $133M to Invests in Local Content Strategy

Asia-based Subscription Video on Demand (SVoD) startup, iflix announced it has completed a $133 million funding round led by Hearst,…

Kuwait's Zain Group Posts Flat First Half Net Profit of $270M

Zain Group, a leading mobile telecommunications provider with operations in eight markets across the Middle East and Africa, recorded a…

StarHub's Net Profit Decline by 21% in Q2

Lower mobile, pay TV and broadband services revenue hit second-quarter earnings of Singapore's StarHub. The Operator posted a 21% lower…

Telkom Indonesia's Net Profit Jumps 21.9% in 1H 2017; Telkomsel Posts 13% Growth in Mobile Subs

Telkom Indonesia which owns Telkomsel, the largest mobile operator in the country, posted net income of IDR12.1 trillion (USD907.7 million) …

Cost Savings Help Sprint to Post First Net Income In Three Years in Q2 2017

Sprint on Tuesday announced its first net income in three years in the second quarter, ending June 30. The fourth…

Intel, Dell and Others Invest $30.7M in SDN Startup Big Switch Networks

6 years ago
Software-defined networking startup Big Switch Networks announced that it has secured $30.7million in new financing to support further sales and…

T-Mobile Records 1.3M Customer Net Additions in Q2; to Deploy First 600MHz Sites in August

T-Mobile has recorded a total net customer additions of 1.3 million in Q2 2017, with 817,000 new postpaid customers, bringing…

Telia Slips to Net Loss In Q2, Plans to Slash 850 Jobs

Telia Group has announced it will slash around 850 jobs this year across all its operations, 650 of which will…