CAPEX

KT, the second-largest mobile operator in South Korea, added 420,000 5G subscribers in the second quarter, but a jump in network investment costs took a heavy toll with its net profit falling 27. 6 per cent year-on-year.

Philippines telecoms operator PLDT arranged the sale and redevelopment of various offices in Makati City to raise funds, BusinessWorld reported.

Huawei’s strong growth in 2018 was driven for a second year by its consumer business, diverting attention from the first annual decline in its once dominant carrier division. The question is how significant is the 1.

China’s mobile operators posted remarkably robust results in 2018, given the government pushed to aggressively reduce mobile data tariffs, with all three reporting year-on-year increases in profits, analysis by Mobile World Live showed.

Indosat Ooredoo’s financials weakened significantly in 2018 as it suffered sharp declines in subscribers and revenue, and was forced to boost capex to improve its limited 4G coverage after years of underinvestment, Moody’s reported.

Dtac reported a significant loss in the closing quarter of 2018 due to a THB9. 51 billion ($301 million) settlement with CAT Telecom and continued declines in revenue and subscribers. The operator posted a net loss of THB4.

Facing increased competition in the form of a new mobile operator, and continued government complaints over slow internet speeds, PLDT’s board agreed to raise capex above the PHP58 billion ($1. 1 billion) spent in 2018, BusinessWorld reported.