M1’s operating revenue declined 2.4% year on year to S$781.6 million ($562 million) in FY09 (ending December). But ebitda margin on service revenue improved by 1.3 percentage points to 44.2% as a result of cost-cutting. Net profit after tax was stable at S$150.3 million.
KT plans to invest 3.2 trillion ($2.8 billion) on convergence opportunities this year,and has upped its revenue target for the year to 20 trillion.
AT&T has appointed Johnny Ng as Greater China general manager. Ng, currently AT&T Asia-Pacific CFO, has worked for the company since 1995. He will report directly to Asia Pacific head Bernard Yee.
Level 3will allow PLDT to use one of its US landing stations to provide connectivity for the Asia America Gateway (AAG) trans-Pacific cable.
The Asian PC market fell grew 32% year-on-year in 4Q09, beating forecasts by four points, says IDC. Nearly every market in APEJ posted double-digit year-on-year growth, with portable PCs a key driver. Lenovo remained the region’s top PC vendor.
INQ Mobile, HutchisonWhampoa’s handset subsidiary, has appointed Kingson Loo as president of its greater China division. Loo was previously group vice president and director of Sony Ericsson China.
Tata Communications has launched its IP Exchange (IPX), aimed at enabling mobile service providers to route their including voice, IP and signaling traffic via one IP pipe.
Australia’s National Broadband Network Company has invitedsatellite operators to submit proposals to operate the satellite that will be used to deliver rural broadband services to 10% of the Australian population.
Indian telecoms minister A. Raja told local press that the government is well on track to conducting the country’s long-delayed 3G auctions by end-March.
SingTel has cut its fiber optic-based network charges for businesses, with the launch of a new GPON-powered service Meg@POP eLite, which offers symmetrical data speeds of up to 100 Mbps.
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