digital economy

PLDT has fired up the US-Transpacific Jupiter Cable system, which is the Philippines’ fastest direct data cable link to the US and Japan.

Veon has completed a US$15 million investment as part of a Series A round of funding for Dastgyr, a Pakistani-based B2B e-commerce marketplace platform.

Kenyan operator Safaricom has teamed up with Nokia, UNICEF, and the country’s ministries of education and ICT to connect close to 90 primary schools serving 33,000 pupils to the internet in rural and informal urban settlements.

The proliferation of 5G edge computing is driving the greater need for real-time processing, better user-experience and data intelligence. Capacity heard from Cliff Tam, VP of global data strategy, international business, HGC Global Communications, about the new real-time economy and digital glocalization.

Alibaba’s revenue grew 64% year-over-year in the first quarter of 2021 to the equivalent of US$28.6 billion, but the company made a loss of $1.1 billion because of a fine by China’s market regulator.

The UK's first post-Brexit budget has seen the country step away from specific targets around gigabit broadband coverage and instead focus on the concept of the "digital economy".