Australia's Davnet to Buy HK's New World Telephone
Australian telecommunications company Davnet Pty. Ltd. has entered into an exclusive agreement to acquire New World Telephone Ltd. (NWT) of Hong Kong, Davnet said in a statement late last week.
Australian telecommunications company Davnet Pty. Ltd. has entered into an exclusive agreement to acquire New World Telephone Ltd. (NWT) of Hong Kong, Davnet said in a statement late last week.
Multimedia systems vendor Creative Technology Ltd. posted revenue of US$436.8 million for the second quarter of its fiscal 2000 year, ended Dec. 31, 1999. This is the highest quarterly revenue in the company's history, 1.9 percent higher than the $428.7 million reached in the second quarter last year, the company said in a statement yesterday.
Start-up company Spacedisk Pte. Ltd. will roll out a distributed applications platform (DAP) to a potential market of more than 4.9 million Internet users through partnerships with ISPs (Internet service providers) in Singapore, South Korea, Thailand and Malaysia, the company announced today.
The unexpected decision last Friday by the Singapore government to completely deregulate the telecommunications market here two years early "will substantially change" the investment plans and business focus of new entrant StarHub Pte. Ltd., the company has said.
Cisco Systems Inc. has opened a US$6 million executive briefing center (EBC) and proof of concept technology lab here designed to give telecommunications and enterprise customers in Asia a look at next-generation technologies in a "live" networking environment.
Cable & Wireless HKT Ltd. (C&W) and local multimedia company Creative Technology Ltd. have launched an Internet service provider (ISP) joint venture here aimed at multinational corporations as well as small and medium enterprises, C&W said in a statement issued yesterday.
The wide deployment of WAP (wireless application protocol)-enabled mobile phones will change the business model of advertising on the Internet, according to loyalty program provider Surfgold.com.
The wide deployment of WAP (wireless application protocol)-enabled mobile phones will change the business model of advertising on the Internet, according to loyalty program provider Surfgold.com Pte. Ltd.
Singapore Telecommunications Ltd.'s (SingTel) Internet subsidiary SingNet Pte. Ltd. has joined the free ISP (Internet service provider) market here with the launch of its Mysingtel service, SingTel announced yesterday.
Regional Internet service provider Pacific Internet Ltd. (PI) has established itself in Thailand with the acquisition of a majority stake in Bangkok-based IT Star Co. Ltd., the holding company of ISP WorldNet & Services Co. Ltd. The acquisition will be complete by early March, PI said in a statement issued Monday.
Singapore is gearing up to introduce a flurry of mobile Internet services and applications based on WAP (wireless application protocol). The first WAP-enabled mobile phone handsets are set to become commercially available here early next month.
Singapore's new telecommunications company StarHub Pte. Ltd. has signed a deal with China Telecom Ltd. to allow customers of both carriers direct communication links between the two countries.
Singapore's telecommunications regulator Infocomm Development Authority (IDA) has told local ISPs (Internet service providers) not to scan their subscribers' computers without their knowledge, even if they are only trying to pinpoint network security weaknesses.
IT services company Singapore Computer Systems Ltd. (SCS) and Oversea-Chinese Banking Corporation (OCBC Bank) have formed a 60-40 joint venture to operate an on-line electronic commerce hub, SCS announced yesterday.
Network systems integrator Datacraft Asia Ltd. has bought into the electronic commerce consulting market with the US$5.25 million purchase of a majority stake in Hong Kong company I Square Solutions Ltd., Datacraft announced yesterday.