Displaying items by tag: Mobile revenue

Total mobile services revenue in China is poised to increase at a compound annual growth rate (CAGR) of 4.1% from $146.4 billion in 2023 to $179.1 billion in 2028, mainly driven by the robust growth in mobile data services segment, according to a new forecast by one data and analytics company.

Despite the anticipated growth in 5G service adoption, the total mobile service revenue in Singapore is expected to increase at a sluggish compounded annual growth rate (CAGR) of 0.8% from US$1.7bn in 2021 to US$1.8bn in 2026, with mobile subscription penetration of population hitting saturation and total mobile subscriptions too expected to decline over the forecast period, forecasts data and analytics company GlobalData.

Australia compares poorly to New Zealand when it comes to broadband download speeds, the New Zealand Commerce Commission says in its Annual Telecommunications Monitoring Report, with Kiwis enjoying average download speeds of 67Mbps.

Australia's second largest telco Optus suffered a fall in net profit for its third quarter, with a fall of 32% year-on-year from $254 million to $172 million.

Telstra has revealed a fall of 27.4% in its net profit after tax and a drop of 4.1% in its reported income for the first half of fiscal year 2019.