Philippines mobile services revenue to exceed $5 billion by 2029

25 June 2025

According to a recent report from analyst firm GlobalData, the Philippines’ mobile services revenue is projected to grow from approximately US$4 billion in 2024 to over US$5 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.2%.

This growth is largely fuelled by the increasing adoption of mobile data services and the rapid expansion of 5G networks across the country.

Find out more

Thailand’s National Telecom in talks to revive struggling services

19 June 2025

Thailand’s state-owned telecommunications company, National Telecom (NT), is reportedly engaging in discussions with at least four potential partners — including major local rivals Advanced Info Service (AIS) and True Corp. — to form strategic alliances aimed at revitalizing its declining telecom services.

These talks involve collaborations around NT’s mobile and fixed broadband segments. Proposed partnership models include infrastructure sharing, joint marketing initiatives, and customer base expansion, primarily based on profit-sharing arrangements. Such collaborations aim to reduce operational costs and boost revenue in a highly competitive market.

Find out more

Smart Axiata and TrueMoney Cambodia to expand fintech services

12 June 2025

Smart Axiata and TrueMoney Cambodia have signed a memorandum of understanding (MoU) to collaboratively enhance access to essential telecom and financial technology services nationwide.

This partnership aims to unify their service offerings, streamline retail and digital distribution channels, and jointly develop innovative digital solutions tailored to Cambodia’s increasingly mobile-first population.

Find out more
Telkomsel partners with Perplexity to integrate advanced search into data plans

05 June 2025

Telkomsel has announced a strategic collaboration with US-based artificial intelligence company Perplexity to embed its AI-powered search engine into data connectivity packages for both business and consumer customers.

Launched in 2022, Perplexity’s search engine leverages a large language model (LLM) to process user queries and generate synthesized responses based on web search results, answering over 150 million questions weekly worldwide.

Find out more