Maxis reported net profit was up 11.3% to RM530 million for the second quarter which ended June 30, attributing this to the strength of its non-voice business, particularly mobile Internet, and cost management.
It was a low profile introduction for the Syed Mokhtar al-Bukhary owned telco, Altel Sdn Bhd, one of the nine telecommunications companies with some 2.6GHz spectrum allocated for Long Term Evolution (LTE) services.
After Maxis and celcom, DiGi became the third to launch 4G LTE services when it rolled out in selected high traffic locations in the Klang Valley.
SingTel claimed it is the first mobile operator worldwide to provide customers with a network selection feature that automatically connects their mobile devices to preferred partner networks when roaming.
Asia’s position at the forefront of mobile innovation is secured, but in order to fully leverage its transformative potential, regulatory frameworks and taxation policies are needed, said the GSMA.
The Authority for Info-communications Technology Industry of Brunei Darussalam (AITI), the Directorate General Sumber Daya dan Perangkat Pos dan Informatika of Indonesia (DG SDPPI), the Malaysian Communications and Multimedia Commission (MCMC) and the Infocomm Development Authority of Singapore (IDA), have jointly announced their commitment to align with the Asia Pacific Telecommunity (APT) 700 MHz band plan.
Maxis Bhd, the first Malaysian telco to launch 4G LTE (Fourth Generation Long-Term Evolution) services in Malaysia, said it has extended coverage beyond the Klang Valley, including East Malaysia.
Michael Lai has stepped down as chief executive offficer (CEO) of Packet One Networks (Malaysia) Sdn Bhd for personal reasons, with Green Packet Berhad Group founder and CEO Puan Chan Cheong stepping into the role.
Until YTL Comms landed the 1BestariNet project last year from the Ministry of Education, it was looking like the company would struggle to fulfil the grandiose promise laid out by its executive chairman Francis Yeoh, writes Karamjit Singh.
In the next two to three years, Asia will see very rapid innovation and proliferation of Internet-related services amongst small and medium-sized enterprises (SMEs), says McKinsey Global Institute.