Indonesian telecom operator Indosat Ooredoo Hutchison has unveiled impressive financial results for the first quarter of 2024, alongside highlighting strategic partnerships with global tech giants Nvidia, Cisco, and Mastercard. In Q1, Indosat recorded total revenue of $873 million, marking a robust 15.8% year-on-year increase. Earnings before interest, taxes, depreciation, and amortization (EBITDA) surged by 22.1%, with an EBITDA margin of 47.0%, while net profit soared by 39.4% to reach $82 million.
At MWC 2024, a pioneering agreement was drawn between Indosat Ooredoo Hutchison and Huawei, aiming to bolster AI’s transformative role in industry applications and skill enhancement. With AI driving industrial growth, both parties jointly commit to democratizing digitalization and nurturing shared cloud resources, fostering innovation and significant growth.
Indosat Ooredoo Hutchison (IOH) discloses plans of selling its data centres to BDx Indonesia, brightening BDx’s footprints in the Indonesian market. This move plays to the advantage of BDx who already operates data centres in Asia, while strengthening IOH’s commitment to enhance Indonesia’s tech landscape. Secured by substantial banking funding, this development emphasizes the continuous growth in the telecom and IT sectors.
Indosat Ooredoo Hutchison’s recent acquisition of MNC Play marks a strategic expansion into the fibre-to-the-home market, promising new options for customers and advancement in Indonesia’s digital transformation. Inclusion of MNC Play’s fibre optic network into the IOH portfolio fortifies their position in the market.
Distinguished selections, momentous awards, and unprecedented telecom innovations marked the recent proceedings. Notably, Telia Company’s Global IoT Connectivity solution won the B2B Service of the Year, while PT Telekomunikasi Selular took laurels in the Digital Transformation Programme category.
Italian telecom provider Wind Tre faces hurdles in selling infrastructure due to complex 5G network sharing negotiations with rivals Iliad and Fastweb. CK Hutchison delays the deal closure by three months to February 12, citing challenges with Iliad and Fastweb. Meanwhile, Indosat Ooredoo Hutchison’s $6 billion merger in Indonesia with Huawei’s support achieves significant growth. France’s Orange introduces satellite broadband, while Norway’s Telenor sells its satellite operations. FCC’s new broadband rules target discrimination, raising concerns of unintended consequences. Mavenir and Nokia achieve remarkable Open RAN interoperability, overcoming past criticisms and showcasing commitment to multi-supplier systems.
The monumental $6 billion merger of Indosat Ooredoo and Hutchison 3 Indonesia has quite literally shifted the telecommunications landscape, propelling the newly formed IOH to Indonesia’s second-largest operator. Amid the complexities of combing networks, meticulous planning was key, and despite the odds, the venture has resulted in substantial improvements in service and competitive edge.
The US Federal Communications Commission (FCC) has given AST SpaceMobile, a five-year-old company located in Midland, Texas, permission to test a satellite that has the potential to deliver cellular broadband access for smartphone users in the US and throughout the world. According to the business, it is developing the first and only space-based cellular broadband network that will be immediately accessible by regular mobile phones. SpaceMobile, the company’s proposed network, intends to provide 4G/5G access to everyone on the world, on land, at sea, and in the air. No matter where they are, mobile customers will be able to seamlessly roam from terrestrial networks to the space-based network. AST SpaceMobile is launching BlueWalker 3, a test satellite meant to interact directly with mobile phones using 3GPP standard frequencies. The FCC has granted the business an experimental license for BlueWalker 3 space-to-ground testing in the United States. At least…
Here’s everything Google announced at the Pixel 4 event At its new smartphone launch event in New York, Google introduced Pixel 4 and Pixel 4XL that offer a new and improved version of Google Assistant, a new Motion Sense feature for gesture control, an upgraded camera, and a new Recorder app that also transcribes speech. The fourth-generation Pixel is priced from USD 799 for a 5.7-inch display and USD 899 for a 6.3-inch display. According to Google, the Pixel phones will be available with all US operators and major MVNOs. The new phones will ship on October 24th, globally. Read more at: https://tinyurl.com/y3xw2v7q Apple pushes for own 5G modem by 2022 Apple has set a rather ambitious goal to have its own 5G modem in iPhones by 2022. The tech giant is currently using Qualcomm modems as part of a long-term supply agreement, but with the takeover of Intel’s smartphone modem…