In 2022, Tiger Infrastructure’s local branch secured a $40 million loan from the Asia Development Bank (ADB) to build 380 towers in the southern Philippines. Tiger Infrastructure Partners focuses on investing in projects in Asia, particularly emphasizing the Philippines. This tower drive initiative supports the country’s push to construct and share infrastructure. The Philippines is […]
Emirates Integrated Telecommunications Company (EITC), commonly known as du, announced an impressive 19.6% growth in net profit for 2022. Gulf Business reported that this increase in service revenues lifted the gross margin to 65.2 percent compared to 62.2 percent in Q3 2021. This news comes as a significant achievement for the telecom giant, reflecting its […]
Natural disasters have become a prime target for cybercriminals to exploit vulnerable individuals and organizations. Unfortunately, this trend continued with the recent earthquakes that occurred in Turkey. Cybercriminals have taken advantage of the chaos and devastation to scam unsuspecting victims. As the world continues to face ongoing hurdles, the back-to-back earthquakes that struck Turkey have […]
As technology continues to evolve, so too does online fraud. In response to this growing issue, China has taken a strong stance against digital criminal activity by introducing its first Anti-Telecom Fraud Law that went into effect on 1 December 2022. This law is designed to protect citizens from becoming victims of online fraud on […]
Telkom Indonesia, the country’s largest telecommunications company, is merging its mobile and broadband businesses in an effort to keep up with new market trends. Bloomberg.com stated that Telkom partnered with Goldman Sachs Group Inc. as the financial advisor for the merger. The merger is expected to create a value of more than $30 billion. The […]
Belgium’s telecom sector is getting ready for a major shake up after two new players have finalized their plans to enter the national market. Government officials are praising both initiatives, stating that they have the potential to cut the country’s current prices by as much as 20 percent. Belgium’s telecom market has been largely dominated […]