Tag: operator

Retail Asia12/06/2020
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2min0
US mall operators Simon Property Group and Taubman Centers have called off their planned merger, citing the impact of Covid-19 on the retail industry. Simon was to buy an 80-per-cent interest in Taubman, with the Taubman family retaining a 20 percent stake in a US$3.6 billion deal. Taubman owns, manages and/or leases 23 super-regional shopping centres […]

Retail Asia11/06/2020
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7min0
Back in early 2016, the head of Huawei’s consumer division, Richard Yu, said that in five years Huawei would be the top smartphone manufacturer in the world. In 2015, the company had delivered 104.1 million handsets worldwide and had become more familiar to Americans thanks to the Nexus 6P. Huawei and Google teamed up to produce the […]

Retail Asia09/03/2020
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1min0
7-Eleven operator Seven & I has canceled its plans to purchase the American petrol station chain Speedway. The deal was terminated because the expected asking price of around US$22 billion was considered too pricey by the group’s board of directors. The acquisition was hoped to be a vehicle for the group’s expansion in the US with […]

Retail Asia30/05/2019
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11min0
For years telco revenues as measured in Average Revenue Per User (ARPU) have been on a decline. As consumers and business acquire a taste for broadband and mobile broadband connectivity, operators are pressured to offer bigger and faster pipes and to do so more cheaply lest competition from OTTs and mobile virtual network operators (MVNO) […]

Retail Asia07/05/2019
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3min0
HKBN has secured approval from the Communications Authority to complete its acquisition of WTT Holding after making new commitments to the regulator. HKBN and WTT revealed plans in August last year to merger through an all stock deal valuing WTT at HK$10.5 billion. But the Communications Authority subsequently announced that it had identified a number of […]

Retail Asia23/04/2019
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1min0
Sri Lankan national mobile service provider Mobitel has revealed plans to invest $50 million this year to deploy a 5G network and upgrade its network infrastructure. The operator, a wholly-owned subsidiary of Sri Lanka Telecom, has commenced 5G trials ahead of a planned rollout. While Sri Lanka was the first country in South Asia to […]

Retail Asia05/03/2019
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1min0
Konnectivity Corp has succeeded in its takeover attempt for Singapore’s third largest operator M1 and will now take the company private. Konnectivity, the joint venture established by major M1 shareholders Keppel Corp and Singapore Press Holdings, has announced in a stock exchange filing that its share in M1 has now crossed the 90% threshold. With […]

Retail Asia19/10/2018
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2min0
Singapore’s StarHub has revealed it is pursuing network sharing arrangements to further cut costs, after announcing a planned 12% reduction in the operator’s workforce. The operator could reach a commercial network sharing agreement shortly and be reaping financial benefits by the end of next year, the company’s CEO Peter Kaliaropoulos. The company’s new CEO, who took his […]

Retail Asia18/10/2018
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1min0
Satellite operator Intelsat has teamed up with business aviation connectivity provider Satcom Direct to provide in-flight broadband connectivity to business jets globally. Satcom Direct has become the first solution partner and master distributor for Inmarsat’s FlexExec service for the business aviation sector. The company will add FlexExec to its new SD Xperience portfolio. Under the […]

Retail Asia17/10/2018
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2min0
Japan’s Softbank has reportedly selected the banks that will serve as lead underwriters for the IPO of its domestic mobile business. The operator has picked banks including Nomura Holdings, Mizuho Financial, Sumitomo Mitsui Financial, Goldman Sachs and Deutsche Bank to underwite the offer for around 3 trillion yen ($26.82 billion) worth of shares, citing unnamed sources. This would […]

Retail Asia16/10/2018
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2min0
Australia’s Optus, through subsidiary Optus Business, has expanded its line-up of fully managed ICT solutions for enterprises. The operator has added contact center, security and storage solutions to its Optus GO portfolio of managed services. Optus GO Contact Centre provides cloud based contact center capabilities including management of inbound and outbound calls, chat and email. […]

Retail Asia11/10/2018
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2min0
The Philippines’ telecoms ministry and regulator has finally published the formal terms of the selection process for the market’s third operator. The final terms of reference for the beauty contest style selection process have been released by the Department of Information and Communications Technology and National Telecommunications Commission (NTC). Compared to the most recent draft, […]

Retail Asia10/10/2018
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3min0
Singapore’s StarHub has announced plans to cut around 300 jobs and pursue other cost-cutting measures as part of a plan to respond to intense competition and shrinking core telecoms revenues. The strategic transformation plan will also see the operator invest in growing new digital businesses such as its recently created cyber-security company Ensign InfoSecurity, in the development […]

Retail Asia20/06/2018
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4min0
Hutchison Telecommunications Hong Kong Holdings’ (HTHKH) mobile division 3 Hong Kong has joined the call for reforms to the market’s spectrum policy and roadmap to expedite the launch of 5G services. In a submission to the government’s consultation on arrangements for the allocation of spectrum in the 3.4-GHz to 3.6-GHz band, 3 Hong Kong urged […]

Retail Asia30/04/2018
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2min0
Indonesia’s telecom companies must vastly improve their customer service, the regulator has warned, after revealing that some providers had deliberately made their service worse in 2017. The likes of Telkomsel, Indosat and XL “dominate the list of worst-rated companies for customer service — behind even banks”. 13 per cent of mobile customers experience “poor service”, […]

Retail Asia03/04/2017
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2min0
Thai regulator NBTC is likely to have to postpone the planned 2600-MHz 5G auction until 2018 due to regulatory and administrative hurdles. The regulator had planned to hold the 2600-MHz auction in September this year, but this process will probably need to be delayed, an NBTC commissioner told. Factors behind the delay include the fact […]

Retail Asia20/03/2017
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2min0
The Philippines’ Globe Telecom announced it has become the first operator in the nation to implement 4-component-carrier aggregation LTE-Advanced using the 2600-MHz band. The upgrade effectively doubles LTE capacity in areas covered by the deployment, the company said, and will be capable of generating speeds of up to 400 Mpbs once compatible devices hit the […]

Retail Asia20/01/2017
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2min0
Malaysia’s Axiata Group has arranged to sell a 34.1% stake in its wholly-owned telecommunications infrastructure services division edotco Group for $600 million. The operator will place $400 million worth of primary shares with Innovation Network Corporation of Japan, and $200 million in secondary shares with Khazana Nasional Berhad. The placement is expected to close by […]


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