Indonesia’s mobile service revenue to expand at 4.3% CAGR over 20203-2028
26 July 2024
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Continued increase in 4G subscriber base and anticipated growth in 5G service adoption will drive the mobile service revenue in Indonesia at a compound annual growth rate (CAGR) of 4.3% from $11.1 billion in 2023 to $13.6 billion in 2028, forecasts GlobalData.
Mobile voice service revenue will decline at a CAGR of 0.8% between 2023 and 2028, in line with the steady drop in mobile voice average revenue per user (ARPU) levels as operators bundle free voice minutes with most of their service plans, and mobile users increasingly adopt internet-based voice communication platforms.
Find out moreIndia’s smartphone market levels out
23 July 2024
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The Indian smartphone market was flat with a growth rate of only 1% in the second quarter of 2024 due to subdued seasonal demand.
Canalys said thatonly 36.4 million units were shipped in Q2 and blamed the flat growth on extreme weather conditions.
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22 July 2024
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Maxis is reportedly eager to buy out U Mobile, but a deal looks uncertain with at least one major shareholder of U Mobile having already rejected the idea.
According to Bloomberg, Maxis is in early-stage talks with U Mobile for a possible buyout deal to expand its network reach.
Find out more08 July 2024
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Singtel and SK Telecom have signed a Memorandum of Understanding (MoU) to build next-generation telecommunications networks over the next two years.
The collaboration aims to explore the use of artificial intelligence (AI), orchestration tools, and deepen the domain knowledge of network virtualisation and other technologies, central to laying the groundwork for 6G.
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