Singtel’s $500m 10-year bonds oversubscribed 2.5 times

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Singapore Telecommunications Limited (Singtel) has hit the sweet spot in the international bond market, as its 10 year notes issue, priced $500 million, was oversubscribed 2.5 times by a wide range of high investors. The notes, issued by Singtel’s wholly-owned subsidiary Singtel Group Treasury Pte Ltd, will carry a coupon of… Read more »

Indonesia’s smartphone market jumps 55% in Q1

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Indonesia’s smartphone market has expanded 55 per cent in Q1,as compared to an year ago, and now accounts for just over half of total handset shipments. The $50-$100 price range represents nearly half of the total smartphone sales, according to Counterpoint Research. The overall handset market fell 2 per cent year-on-year… Read more »


iFlix, PLDT Group kick off SEA launch of Internet TV

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Malaysia-based tech startup iflix in partnership with the PLDT Group in the Philippines, kicked off yesterday, the first among a series of launches for the iflix Internet TV service in the Southeast Asia. Both companies agreed on an exclusive bundled strategic deal to offer iflix to customers of PLDT’s market-leading… Read more »


Globe Telecom to create a new holding company in PH

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Philippine telco giant Globe Telecom Inc disclosed on Tuesday about the creation of a wholly-owned holding company. Globe informed the stock exchange that the holding company is meant to conduct and consolidate new and strategic businesses. “The creation of this holding company aims to provide more focus on developing and growing said… Read more »


Singapore Windsor bags $39-m Ooredoo tower contract for Myanmar

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Singapore Windsor Holdings Limited said that its subsidiary has secured a build-and-lease contract of 500 telecommunication towers for Ooredoo Myanmar. Based on the cost of construction, the contract is valued at $39 million over 18 months, the company said in a stock exchange filing. The construction and lease agreement, which… Read more »


PLDT to invest $100m in Big Data services

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The Philippine Long Distance and Telephone Co (PLDT) is planning to invest around $100 million in its Big Data business, meant to help companies and government agencies develop more effective products, services, and programs for their target markets, a top company executive said. “The overall budget is roughly $100 million,”… Read more »


TIME dotCom pours $12m for 25% in CMC Telecom

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CMC Telecom, Vietnam’s fourth largest telecom service provider, will sell a 25 per cent stake to Malaysia’s TIME dotCom Berhad through a strategic investment agreement inked on Friday. TIME dotCom’s investment is revealed to be $12 million, and will be extended. The deal makes CMC Telecom, one of the eight… Read more »


Singapore based telco MI buys 15% in Oman’s TeO

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Singapore based telco M1 will pay S$10.3 million for a 15 per cent stake in Integrated Telecommunications Oman, a reseller of mobile services in the West Asian country under Telecom Oman (TeO) brand. M1, which provides mobile and fixed services to close to two million customers in Singapapore, said that its… Read more »


Ooredoo, StarHub join hands to provide data service in Myanmar

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Ooredoo Myanmar has formed a strategic partnership with Singaporean telecommunications firm StarHub to offer data services to companies operating from Myanmar via its international fibre gateway. Both telcos have agreed to collaborate on the provision of international private leased line (IPLC) and managed services (such as IP-VPN) through each telco’s… Read more »


South Korea’s Kakaotalk discussing acquisition of Path: Report

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South Korea’s Kakaotalk is in discussions with social networking application Path regarding the trade-sale of Path Classic to KakaoTalk, With unknown terms, the potential acquisition would grant KakaoTalk’s parent company Daum Kakao a major foothold in Indonesia, where Path is a leading social app, according to a report from Re/code, Currently, Path has 30… Read more »