According to the latest IDC Worldwide Semiannual Security Spending Guide, spending on security hardware, services, and software in Asia/Pacific is expected to reach USD 16.4 billion in 2019, an increase of 20.01% over previous year. IDC expects investment on security related products and services to grow at a five-year CAGR of 20.1% over the forecast period (2018-23) and reach USD 34 billion by 2023.
Telecom Review Asia Pacific - Telecom Industry News
Bourbon, a world leader in marine services for offshore oil and gas, has signed a contract committing more than 100 offshore support vessels (OSVs) to Inmarsat’s Fleet Xpress, the maritime broadband service that combines the speed of Ka-band with continuous back up from Inmarsat’s FleetBroadband operating on L-band.
Softbank has recently announced plans to merge its subsidiary Z Holdings, known formerly as Yahoo Japan, with mobile messaging giant and Whatsapp rival Line to form a Japanese internet juggernaut that would not only be a leader in data and AI, but also be able to compete with some of the world’s largest and richest technology companies, mainly in the United States and China.
Global data analytics company Experian has recently announced a strategic investment partnership with Mumbai-based mobile marketing startup Vserv that will give Experian an important minority stake as well as access to new telecom-based customer information provided by Vserv.
Nokia announced that it is collaborating with Hitachi Kokusai Electric on local 5G and private wireless LTE solutions for industrial and government customers. Spectrum for local 5G will be released in Japan at the end of 2019 for enterprise use.
Reports have surfaced stating that US Commerce Secretary Wilbur Ross announced that licenses would be coming “very shortly” for American companies to sell components to Huawei. Ross said the government received more than 260 requests, noting that they “are more than we’ve expected.”
2019 marks the first year of global 5G commercial adoption. On June 6, China’s Ministry of Industry and Information Technology (MIIT) officially issued 5G licenses to China Telecom, China Mobile, China Unicom, and China Broadcasting Network for commercial use, marking China’s official entry into the 5G era. On November 1, China's three mobile carriers began offering 5G mobile services to the public, accelerating the full commercial deployment of 5G.
The Global Mobile Suppliers Association (GSA) introduced its latest 5G Market Snapshot that shows the 50th commercial 5G network has now launched, following the recent switch on of services in China where China Unicom, China Mobile and China Telecom all went live and have already registered more than 9 million 5G subscribers.
ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, in partnership with China Telecom and China Unicom, has today completed the network verification based on the co-build co-share mode in the commercial 5G environment, launching the world's first NSA co-build co-share sites of 1.8 G/2.1 G/3.5 G in Hangzhou, China that fully verifies the large-scale commercial capabilities of the 5G co-build co-share mode, and lays a solid foundation for greatly reducing initial investment in 5G and efficiently promoting 5G constructions.
The ZTE Wireless User Congress and 5G Summit 2019 held in Vienna, Austria witnessed the gathering of over 150 of the telecoms giant’s partners and industry leaders to explore the infinite possibilities of a 5G future and the challenges that lay ahead in terms of renewed business models and commercial deployment.