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Indosat Ooredoo Hutchison unveiled financial results for the first quarter of 2024, alongside partnerships with Nvidia, Cisco, and Mastercar.
Market Watch

Indosat Ooredoo Hutchison Reports Strong Q1 Results and Corporate Collaborations

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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.

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The UK government rolled out stringent regulations requiring manufacturers of internet-connected devices to adhere to security standards.
Security

UK Government Mandates Tougher Security Standards for Internet-Connected Devices

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In a significant move aimed at bolstering cybersecurity across the country, the UK government has rolled out stringent regulations requiring manufacturers of internet-connected devices to adhere to minimum-security standards. The new laws, part of the Product Security and Telecommunications Infrastructure (PSTI) Act 2022, are designed to mitigate the risks posed by weak security features on smart gadgets.

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Broadvoice, a provider of contact center platforms and unified communications, has been recognized for its customer satisfaction strategy.
Telco Buzz

Broadvoice’s Customer Satisfaction Strategy Earns Bronze Stevie Award

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Broadvoice, a provider of omnichannel contact center platforms and unified communications for small and mid-market enterprises and BPOs, has been recognized for its outstanding customer satisfaction strategy. The company’s Broadvoice Success Program has been awarded a Bronze Stevie Award for Best Customer Satisfaction Strategy. Judges praised Broadvoice’s approach as “impressive” and “significant,” highlighting its exceptional commitment to client satisfaction.

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A market study by INCA and Point Topic reveals that alternative network builders in the UK have collectively expanded fibre infrastructure.
Infrastructure

UK Altnets Surpass BT’s Openreach in Fibre Rollout

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A recent market study by INCA (Independent Networks Cooperative Association) and Point Topic reveals that alternative network builders in the UK have collectively expanded fibre infrastructure to more premises than BT’s Openreach unit. By the end of 2023, UK altnets had reached 12.9 million premises with fibre, exceeding Openreach’s coverage of 12.8 million.

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