The total telecom and pay-TV services revenue in Singapore is expected to decline at a compounded annual growth rate (CAGR) of 0.4% over the forecast period 2024-2029, with a steady decline in revenue contributions from fixed voice, pay-TV, and mobile voice segments outweighing revenue growth in mobile broadband and fixed broadband segments, according to a new report from one global analytics company.
GUEST OPINION: Recent revelations about "Salt Typhoon," the worst telecom data breach in U.S. history, serve as a stark reminder of the vulnerabilities inherent in modern telecommunications infrastructure. This state-sponsored cyber-attack, attributed to Chinese actors, not only compromised sensitive call metadata but also exposed the fragility of critical infrastructure systems. For Australian business executives, the warning is clear: robust cybersecurity measures are no longer optional—they are essential.
COMPANY NEWS: Prvidr, a leading Customer Lifecycle Management Platform for the subscription economy, today announced it has signed a new three-year contract with telecoms operator, Yomojo, underlying both companies’ commitment to providing robust consumer and business mobile, broadband and voice products using Prvidr’s advanced technology.
Preliminary findings indicate that worldwide telecom equipment revenues across the six telecom programs—broadband access, microwave and optical transport, mobile core network (MCN), radio access network (RAN), and SP router and switch—declined 16% year-over-year in 2Q24, recording a fourth consecutive quarter of double-digit contractions, according to market research firm Dell’Oro Group.
Carrier-grade AI voice agents for SMBs Vida launched a new AI platform and API built for telecom service providers.
COMPANY NEWS Radware a leading provider of cyber security and application delivery solutions, has expanded its relationship with one of the top five largest telecommunications companies in the world ranked by revenue.
WATER RESOURCES: Yarra Valley Water, one of Australia’s largest utilities, has announced a strategic partnership with Sagemcom Australasia to help digitise its asset networks.
COMPANY NEWS: Radware (NASDAQ: RDWR), is a leading provider of cyber security and application delivery solutions, announced it signed an agreement with a leading European telecom and managed security service provider.
GUEST RESEARCH: Paessler AG, a leading provider of IT monitoring solutions, has commissioned Intuit-Research to assess the current state of sustainability practices among businesses in Australia, New Zealand and Asean, which explores the drivers and barriers to implementing sustainable IT practices. The findings highlight the crucial role of IT monitoring in ensuring the success of sustainable IT strategies, which serve as a precursor to digital transformation.
The average number of complaints per service to the Telecommunications Industry Ombudsman (TIO) fell to a record low in July-September, declining for the third consecutive quarter, according to Communications Alliance’s Complaints-in-Context Report.
Telecom service providers’ financial results indicate that there is a common trend towards growth in the small and medium-sized enterprise and small office home markets, according to analytics firm GlobalData.
Total telecom and pay-TV services revenue in Australia is expected to grow at a CAGR of 1.6% from US$20.2 billion ($28.3 billion) in 2021 to US$21.9 billion ($30.7 billion) in 2026 underpinned by mobile data and fixed broadband service segments, forecasts analytics company GlobalData.
According to a recently published report by Dell’Oro Group, a source for market information about the telecommunications, networks, and data centre IT industries, the worldwide Service Provider Router and Switch market is projected to generate US$76 billion in cumulative revenue over the next five years.
Indian IT services and outsourcing company Wipro is partnering with location data and technology platform provider HERE Technologies to offer location-based services to customers from energy & utilities, manufacturing, transport & logistics, telecom and automotive industry verticals.
Researchers at the Australian Research Council’s Centre of Excellence in Exciton Science (ACEx) say they will soon have a much cheaper way of stabilising, blocking and steering light – potentially lowering the costs of high-tech equipment used in telecommunications, medical diagnostics and consumer electronics.
Telecommunications and data centre provider Macquarie Telecom Group is trumpeting the delivery of five successive years of profitable growth as it reports a 6% jump in 2019 full year revenue to $246.6 million from $233.6 million the previous year - but dampened by a 3% decrease in after tax net profit of $16.5 million compared to $17.0 million in 2018, due to depreciation.
By Sreeni Raghavan, CEO, TeleApps
For years, deploying a business telephony solution involved installing phone systems in comms rooms, dedihonycated cabling and handsets on desks. Controlled by a PBX in larger firms or operating as a key system for SMBs, this infrastructure delivered all that was required to support day-to-day activity.
UK-based telecommunications company Colt Technology and US telecom Verizon say they have successfully showcased two-way inter carrier Software Defined Network network orchestration for the first time.
The latest Kantar data for the Australian telco market share shows the pre-paid sector up 4.5% vs a year ago to 35.7%, with over 75% on a "recharge as needed" tariff type, with competition intensifying.
If Amazon, Paypal and Netflix offered mobile services, would it be a glitch in the matrix, or would consumers break free and question the reality of enslavement to traditional telco practices?
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