Kakao-backed group enters Korea mobile market
A South Korean-based consortium led by messaging giant Kakao emerged as the country's fourth mobile player after winning a bid for 5G spectrum in the 28GHz band, paying more than twice as much as each incumbent spent in 2018.
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SKT, Intel prep for 6G with core latency reduction
SK Telecom teamed with Intel to develop a technology using the chipmaker’s Xeon processors with built-in AI, claiming significant reductions in latency to boost communication speeds within the core network and preparing a path to 6G architecture.
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Banglalink finalises $100M deal with Summit Tower
Veon subsidiary Banglalink completed the sale of about 2,000 towers to Summit Towers for BDT11 billion ($100 million), with the Bangladesh operator to use the funds to fulfil financial commitments and generate cost efficiencies.
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Samsung mobile unit gains on rising smartphone ASP
Samsung's mobile division registered strong growth in profitability in the final quarter of 2023 despite falling smartphone shipments, driven by demand for premium models and rising ASP.
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Vodafone Idea loss narrows, capex plummets
Vodafone Idea booked a smaller net loss in its fiscal Q3 2024 (ending 31 December 2023), as it slashed capex by more than half year-on-year to INR3.3 billion ($39.7 million) and booked continued mobile subscriber losses.
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Singtel forges partnerships to bolster data centre unit
Singtel struck a range of partnerships covering regional AI development and renewable energy initiatives to ensure its newly launched Nxera data centre unit achieves a net-zero emissions target by 2028.
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Fitch predicts profit turnaround at Singtel
Fitch Ratings forecast Singtel's capex next fiscal year to spike due to hefty spectrum payments, but rising EBITDA supported by an ongoing asset recycling programme will improve its overall credit profile.
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Jio, OnePlus to set up India 5G lab
India's largest mobile player Reliance Jio signed a deal with challenger handset manufacturer OnePlus to establish a 5G innovation lab in the country.
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SK Hynix capitalises on rising memory prices
South Korean chipmaker SK Hynix's revenue returned to growth in the final quarter of 2023, driven by improving conditions in the memory market, with demand for AI server and mobile applications increasing and ASP rising.
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Apple tops China smartphone market
Apple secured top ranking in China's smartphone market in 2023 with a 17.3 per cent share putting it ahead of rivals for the first time, data from IDC showed.
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