Fortinet tops Q1 forecasts with billings up 31%
GLOBAL 07:27

Fortinet tops Q1 forecasts with billings up 31%

Fortinet has raised its outlook for full-year results after reporting much better than expected results for the first quarter. The SASE specialist posted revenues up 20 percent year-on-year to USD 1.85 billion, and billings jumped 31 percent to USD 2.09 billion. The adjusted operating margin reached 36 percent, four percentage points better than the top of the company's guidance range, and net earnings increased 29 percent to USD 0.72 per share. Free cash flow hit a new record of just over USD 1 billion. 

Princeton Digital Group secures USD 856 mln for Indonesian expansion
INDONESIA 07:10

Princeton Digital Group secures USD 856 mln for Indonesian expansion

Singapore-based data centre developer and operator Princeton Digital Group (PDG) has raised approximately USD 856 million in debt financing to support the expansion of its hyperscale data centre capacity in Indonesia. The financing includes a fully underwritten USD 456 million syndicated facility backed by a consortium of international banks – DBS Bank, HSBC, Maybank, Sumitomo Mitsui Banking Corporation and Standard Chartered – as well as an additional accordion facility of around USD 400 million that is cu

Sky Italia claiming EUR 1.9 bln damages from 2021 Dazn-TIM Serie A deal
ITALY 07:09

Sky Italia claiming EUR 1.9 bln damages from 2021 Dazn-TIM Serie A deal

Pay-TV broadcaster Sky Italia has claimed damages that could rise to EUR 1.9 billion from sports streaming service Dazn and Telecom Italia (TIM) following their 2021 deal to jointly air Serie A football matches, reports Reuters, citing documents released with TIM's first quarter earnings and unnamed sources familiar with the matter. Sky lodged the claim with a Milan court in recent weeks, following a 2023 ruling by Italy's antitrust authority AGCM that found the TIM-Dazn agreement for 2021-2024 restricted c

Qualcomm upgrades Snapdragon 4, 6 ranges for H2 release
GLOBAL 07:05

Qualcomm upgrades Snapdragon 4, 6 ranges for H2 release

Qualcomm is updating its mid-range processors with new versions of the Snapdragon 4 and 6 ranges. The upgrades deliver greater support for new AI imaging features, game play and 5G, as well as improved battery life. They will feature in upcoming phones from Honor, Oppo, Realme and Redmi launching in the second half of this year.

StarHub reports lower Q1 earnings after consumer and enterprise pressures
SINGAPORE 06:59

StarHub reports lower Q1 earnings after consumer and enterprise pressures

Singapore operator StarHub reported a decline in first-quarter earnings for 2026, reflecting weaker performance in its consumer and enterprise segments alongside higher operating costs. The operator recorded total revenue of SGD 507.3 million, down 6.1 percent YoY, with service revenue falling 3.9 percent to SGD 445.7 million. EBITDA declined 22.5 percent to SGD 77.7 million, while net profit attributable to shareholders dropped 81.3 percent to SGD 5.9 million.

Arm reports record Q4 with revenues up 20% on data centre demand
GLOBAL 06:49

Arm reports record Q4 with revenues up 20% on data centre demand

Arm reported record revenues for its fiscal fourth quarter to March, with sales up 20 percent year-on-year to USD 1.49 billion thanks to demand for Arm-based CPUs in data centres. Adjusted net profit reached USD 641 million, or USD 0.60 per share, up from USD 0.55 a year ago and near the high end of Arm's outlook. Over the full year, revenues jumped 23 percent to USD 4.92 billion, its third consecutive year of over 20 percent growth. 

Telecom Italia Q1 revenues up 1.4% on Brazil growth, to launch TIM Premium offering
ITALY 06:46

Telecom Italia Q1 revenues up 1.4% on Brazil growth, to launch TIM Premium offering

Telecom Italia (TIM) reported revenues of EUR 3.3 billion in the first quarter of 2026, flat sequentially and up 1.4 percent year on year, thanks mainly to growth at its TIM Brasil (+6.4%) and TIM Enterprise (+3.2%) units. The company's earnings before interest, tax, depreciation and amortisation after lease costs (EBITDA-AL) declined 2.7 percent to EUR 0.8 billion, while net losses widened to EUR 292 million from EUR 124 million a year earlier. 

Astranis raises USD 450 mln to scale GEO satellite production
UNITED STATES 06:38

Astranis raises USD 450 mln to scale GEO satellite production

Astranis has raised USD 450 million in new funding to expand production of its high-orbit communications satellites, as demand increases from telecom, enterprise and government customers for dedicated satellite capacity. The funding includes a USD 300 million Series E round co-led by Snowpoint Ventures and Franklin Templeton, alongside participation from investors including Andreessen Horowitz, BlackRock, Baillie Gifford and Fidelity Management & Research Company. A delayed-draw credit facility of up to USD

Anthropic expands compute capacity with SpaceX deal, raises Claude API limits
GLOBAL 06:16

Anthropic expands compute capacity with SpaceX deal, raises Claude API limits

Anthropic has announced a new compute partnership with SpaceX and increased usage limits for its Claude AI services, as it expands capacity for enterprise and developer customers. The company said it has secured access to all compute capacity at SpaceX's Colossus 1 data centre, providing more than 300 MW of additional capacity, including over 220,000 GPUs. The added capacity is expected to support increased availability for Claude Pro and Claude Max subscribers.

KT overhauls security governance with new centralised information security office
KOREA, REPUBLIC OF 06:08

KT overhauls security governance with new centralised information security office

Korea Telecom (KT) is undertaking a company-wide overhaul of its information security framework, centred on a newly established Information Security Office, according to Newsis, citing company sources. The operator said it has consolidated previously dispersed security functions into a single governance structure led by a Chief Information Security Officer (CISO), with responsibility spanning organisation, personnel and budget. The aim is to create a unified system capable of continuous prevention and pre-e

NTT Data completes core banking system integration for Fukui Bank
JAPAN 06:06

NTT Data completes core banking system integration for Fukui Bank

NTT Data has completed the integration of core banking systems for Fukui Bank and the former Fukuho Bank, with services on the unified platform commencing on 6 May. The integration consolidates both banks' systems onto the NTT Data regional bank shared centre, which is based on the company's BeSTA banking application platform. The project follows the merger of the two institutions and is intended to support ongoing consolidation among regional banks in Japan.

LG Uplus reports Q1 profit growth driven by mobile and AI businesses
KOREA, REPUBLIC OF 06:04

LG Uplus reports Q1 profit growth driven by mobile and AI businesses

LG Uplus reported higher first-quarter profit and revenue, supported by growth in its core mobile business and expansion in AI data centre and enterprise services. Net profit rose 8.4 percent YoY to KRW 176 billion, while operating profit increased 6.6 percent to KRW 272.3 billion. Revenue grew 1.5 percent to KRW 3.8 trillion over the same period. The operator's mobile business remained the main contributor to growth, with revenue of around KRW 1.65 trillion, up 3.2 percent YoY, supported by an increase in

NEW ZEALAND 06:02

Sky NZ secures exclusive ECB cricket rights through 2030

Sky New Zealand has signed a multi-year agreement with the England and Wales Cricket Board to broadcast international and domestic cricket played in England and Wales to New Zealand audiences from 2026 to 2030. Under the deal, Sky NZ will hold exclusive New Zealand rights to ECB Home Internationals and domestic competitions, covering both men's and women's matches. The agreement is intended to provide year-round cricket content, particularly during the Southern Hemisphere off-season.

KOREA, REPUBLIC OF 06:00

SKT expands A-dot service with calendar-based offers and partner integrations

SK Telecom (SKT) has expanded its A-dot AI service with a new "subscription calendar" feature designed to deliver brand-related promotions and schedules directly to users, as part of efforts to integrate AI services more closely with its telecom offering. The feature allows users to subscribe to selected brands or topics, with relevant events such as discounts, promotions and announcements automatically added to their personal calendars, alongside notification alerts. SKT said approximately 1.6 million user

KOREA, REPUBLIC OF 05:58

Kakao reports record Q1 driven by platform and advertising growth

South Korean internet giant Kakao reported record first-quarter results for 2026, with growth across its platform businesses including messaging, advertising, payments and mobility services. The company posted consolidated revenue of KRW 1.94 trillion for the quarter, up 11 percent YoY, while operating profit rose 66 percent to KRW 211.4 billion. Both revenue and operating profit reached their highest levels for a first quarter under Korean International Financial Reporting Standards, according to the compa

GLOBAL 05:56

Nine largest cloud providers increase capex to USD 830 bln - TrendForce

Market analyst TrendForce has increased its forecast for combined 2026 capital expenditure by the world's nine largest cloud service providers to approximately USD 830 billion, citing accelerating investment in AI infrastructure and data centre expansion. The revised forecast represents annual growth of 79 percent, up from an earlier estimate of 61 percent. The projection covers Google, Amazon Web Services, Meta, Microsoft, Oracle, ByteDance, Tencent, Alibaba Group and Baidu.

AUSTRALIA 05:55

Optus and Ericsson complete 5G SA carrier aggregation trial on live network

Optus and Ericsson said they have completed what they described as a world-first trial of 180 MHz spectrum aggregation across 2.3 GHz and 3.5 GHz bands using 5G standalone carrier aggregation technology on a live commercial network. The trial combined Optus's mid-band time division duplex spectrum holdings in the 2.3 GHz and 3.5 GHz bands and used four-component carrier aggregation across 900 MHz, 2.1 GHz, 2.3 GHz and 3.5 GHz spectrum. 

KOREA, REPUBLIC OF 05:53

KT to trial LTE-based fixed-line telephone service in rural areas

Korea Telecom (KT) said it will begin trials of a local telephone service using LTE wireless networks in remote and mountainous regions, becoming what it claims is the first South Korean operator to test the approach under the country's ICT regulatory sandbox framework. The South Korean ministry of science and ICT has designated the service as a regulatory sandbox demonstration project, allowing KT to provide local telephone services over LTE networks in areas where deploying fixed-line infrastructure is di

AUSTRALIA 05:52

ACMA issues further penalties in mobile number fraud crackdown

The Australian Communications and Media Authority (ACMA) has taken enforcement action against two telecommunications providers as part of its compliance programme targeting mobile number porting fraud, with total penalties issued under the regime reaching almost AUD 5 million over the past 18 months. SpinTel was fined AUD 59,400 following an ACMA investigation that found scammers exploited weaknesses in the company's systems to access one-time verification codes used for multi-factor authentication. 

JAPAN 05:50

KDDI launches travel points campaign for Ponta Pass subscribers

KDDI has launched a promotional campaign for subscribers to its Ponta Pass membership service, offering users the chance to receive up to 100 percent of accommodation booking costs back in points when reserving travel through Recruit's Jalan.net platform. The campaign, which runs from 7 May to 30 June 2026, applies to hotel and travel package bookings completed through Jalan.net for stays or services used by 31 August 2026. KDDI said customers must be Ponta Pass members and link their Ponta, Recruit and au

UNITED STATES 05:48

Verizon expands satellite fleet ahead of 2026 hurricane season

Verizon has outlined new network resilience measures ahead of the 2026 Atlantic hurricane season, including the introduction of digital twin technology for damage assessment and an expanded satellite fleet designed to support connectivity during major storms. The operator said its new digital twin system combines drone-captured 3D imagery with AI to identify damage to network infrastructure after severe weather events. The technology allows engineers to compare pre- and post-storm models of cell sites and e

SINGAPORE 05:47

Singapore proposes amendments to IMDA Act to strengthen media oversight

Singapore's Infocomm Media Development Authority (IMDA) has tabled proposed amendments to the IMDA Act in Parliament aimed at strengthening competition and consumer protection oversight in Singapore's media sector and aligning elements of the framework with telecommunications regulation. The proposed changes would expand IMDA's oversight of ownership and control transactions involving regulated media entities. 

KOREA, REPUBLIC OF 05:45

SKT Q1 net profit falls 12.5% but mobile and AI segments show recovery

SK Telecom (SKT) reported a 12.5 percent annual decline in net profit for the first quarter of 2026, reflecting continued impact from last year's data breach, even as its core telecoms and AI businesses showed signs of recovery. The operator recorded net income of KRW 316.4 billion for the quarter, alongside revenue of KRW 4.39 trillion and operating income of KRW 537.6 billion. Revenue rose 1.5 percent quarter-on-quarter, supported by a recovery in the wireless business and growth in its AI data centre ope

GLOBAL 05:43

HPE adds autonomous networking capabilities to AI-driven operations

Hewlett Packard Enterprise (HPE) has introduced new autonomous networking capabilities across its HPE Mist and HPE Aruba Central platforms, expanding its AI-driven networking portfolio with additional automated operations and remediation functions. The company said the new capabilities are designed to allow enterprise networks to detect, diagnose and resolve issues in real time with reduced manual intervention. The updates include autonomous optimisation for wireless capacity and radio performance, automate

Just In

07:27

Fortinet tops Q1 forecasts with billings up 31%

07:10

Princeton Digital Group secures USD 856 mln for Indonesian expansion

07:09

Sky Italia claiming EUR 1.9 bln damages from 2021 Dazn-TIM Serie A deal

07:05

Qualcomm upgrades Snapdragon 4, 6 ranges for H2 release

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