Singaporean telco StarHub has continued to find its mobile revenue stuck in the doldrums, which was pushed lower by 29.4% to SG$134 million for the third quarter to the end of September.
This result was on the back of average revenue per user (AVPU) collapsing from SG$39 for the same time last year to SG$29 this time around. StarHub said the pandemic was to blame for the lack of travellers into the island city-state meaning less roaming revenue, as well as lower excess data charges and value-added service uptake.
On the other hand, the telco said it increased its number of postpaid subscribers from 1.442 million to 1.454 million.
For prepaid, ARPU fell by a dollar to SG$12, while the number of subscribers dropped from 785,000 to 526,000.
Overall for StarHub, revenue dropped 14.5% to just shy of SG$490 million, while earnings before interest, tax, depreciation, and amortisation (EBITDA) fell by 16% to SG$143 million, and net profit was down by almost a quarter to SG$44.5 million.
Across its nine-month totals, the figures were not much better, with revenue down 15.8%, EBITDA down by 14.7%, and net profit down by 19.6%.
Across its other consumer business units, pay TV saw its revenue drop from SG$56 million to SG$47 million due to pandemic impacts on advertising and its subscriber base continuing to shift to Singapore’s NBN, and broadband saw ARPU increase by SG$3 to SG$30 while revenue lifted from SG$43 million to SG$45.5 million.
For enterprise, revenue was up 11% compared to last year to SG$162 million with cybersecurity more than making up for drops from its network solutions businesses.
The telco said it planned to launch a 3.5GHz standalone (SA) 5G network in the next quarter, alongside fellow Singaporean telco M1, which will be operated under the Antina banner.
“The group has completed the 5G base station sites identification with site preparation and installation well underway,” StarHub said. “In addition, the implementation of the 5G SA core network and transmission network to serve the new 5G base stations are also in progress.”
StarHub added it was the first telco to launch 5G service in the lion city.
“During the quarter, we continue to record a decline in operating expenses as we seek to run our businesses in a more cost-efficient manner,” CFO Dennis Chia said.
“We are also pleased to report that Ensign group and Strateq have contributed SG$3 million in operating profits this quarter as we continue to navigate the current challenging climate while seeking long-term growth opportunities.”
The telco started a digital transformation program this quarter which it said would be the backbone of its digital strategy, “rightsource” its IT, and see it adopt more agile delivery models.
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Tencent Cloud pledges SEA expansion with launch of Indonesia data centre
Chinese internet giant launches its first data centre in Indonesia, with plans to open a second one in the Southeast Asian market as well as Thailand and South Korea within the year, as it looks to build out its cloud footprint across the region.
Tencent has opened its first data centre in Indonesia, with plans to open a second within months alongside new sites in other Asian markets including Thailand and South Korea. The Chinese technology giant says the investment is part of an “aggressive” plan to build out its infrastructure in the region and tap growing cloud demand.
Located in Jakarta’s central business district, the data centre boasts two utility power lines and 2N redundant transformers as well as N+1 redundant diesel generator with capacity to support up to 72 hours at full load. Tencent’s cloud coverage currently encompasses 27 regions and 61 availability zones, most of which are located in China and the Asia-Pacific, and includes markets such as Singapore, Tokyo, Mumbai, Seoul, Moscow, Toronto, and Frankfurt.
The tech vendor operates more than 40 data centres in China alone, where its cloud business debut was a decade ago. Its international business was launched some three years ago across various regions and currently operates 19 to 20 data centres outside its domestic market.
It added a second data centre in South Korea early this year and, last month, announced plans to launch its first such facility in Bahrain by year-end to support the Middle East and North Africa region.
The latest site in Jakarta would better facilitate access to data and applications for customers in the region and support Indonesian organisations in their digital transformation efforts, said Poshu Yeung, Tencent Cloud International’s senior vice president, in a call with ZDNet. He added that there had been strong online demand across various verticals including financial services, e-commerce, games, education, and media and entertainment.
Tencent itself had seen significant growth for its online services in Indonesia, where its JOOX music streaming app was the second most popular in the country, Yeung said. It also launched WeTV last year, with plans to create more local production this year, and would soon introduce more games for the local market.
Strong demand for its consumer services had further underscored the need for Tencent to build its own data centres in Indonesia, he said, adding that a second data centre would be operational in the country likely in August. This marked the first time the company was launching two sites in the same market in the same year, he noted.
It also should signal how “aggressive and invested” Tencent was bolstering its presence in Indonesia, which he said was one of the leading growth markets for cloud in Southeast Asia. This demand was also evidence in other markets in the region as well as the wider Asia-Pacific, where it saw significant growth last year, he added.
This was despite the fact that the vendor last November had reported “lingering impact” of the global pandemic on its cloud revenue during its third quarter earnings. Tencent then had pointed to delays in project deployment and new customer signups as well as “non-recurring adjustments” to some IaaS (infrastructure-as-a-service) contracts, which led to a lower growth from its cloud and other business revenue.
Asked to elaborate, Yeung said 2020 was a tough year for many businesses but the cloud market was one of few to see robust growth–fuelled by accelerated digital transformation initiatives–not just for global players, but also Tencent. The vendor’s international cloud business last year had clocked triple-digit growth, he said, noting that this upward momentum was expected to continue this year.
He revealed that Tencent would soon launch a second data centre in Thailand as well as in Japan in June.
Apart from supporting its own business and local enterprise customers, its data centre buildout across the region would tap growth potential from Chinese enterprises looking to expand overseas as well as international companies investing in the local markets.
ZDNet asked if he saw fellow Chinese cloud vendors such as Huawei and Alibaba Cloud, which also were eyeing growth in Southeast Asia, as bigger rivals than global cloud players such as Google, Amazon Web Services, and Microsoft. Yeung noted that the cloud business remained sizeable and there was room for several major players.
He added that cloud providers also often worked together, since enterprise customers increasingly were looking to adopt multi-cloud deployments as part of efforts to avoid being locked into one cloud vendor.
“So there are clear opportunities for everyone,” he said, noting that Tencent aimed to offer added value with SaaS products developed for verticals, such as financial and fintech, media, retail, and healthcare.
The vendor also had a wide ecosystem backing its cloud infrastructure and services, including its WeChat platform, he added.
If you want to put whatever video content you want online and keep it there without risk of it being removed, the Odysee platform will keep your content on the blockchain permanently.
Created in July 2020, video platform Odysee has grown its user base since its launch in December 2020. The YouTube-like platform hosts video content on the LBRY network. Unlike YouTube there are no moderators, and no safety filters for younger viewers – and the content remains on the blockchain permanently.
Odysee is built on blockchain technology and ensures that its creators’ channels can never be deleted. When a channel is created, it is recorded permanently in a distributed ledger on the blockchain.
While this seems like a great idea, it could have far-reaching consequences for some content creators years down the line – especially as attitudes change over time. Content creators might be saddled with stupid content that they very much regret as they get older.
Placing video content on the blockchain means that no one entity controls or can change it, making de-platforming impossible no matter how extreme, violent, or untrue the content might be.
Odyssee says that there are about 300,000 content creators on Odysee who upload a wide range of video content across topics ranging from informative to downright odd. Users can view any of the videos for free – unlike other video streaming platforms like Streamanity where the content creator sets the price to view videos.
Odysee is built using the LBRY protocol which developers use to build apps to interact with content on the LBRY network. The platform’s predecessor LBRY.TV has now been retired in favour of Odysee.
When users upload a video, they deposit a minimum amount of LBC (LBRY Credits) starting from 0.01. 0.01 LBC is less than a cent.
Content creators can set an LBC price to watch the video if they choose. Fans of the video can also tip the content creator if they like the video. Each video shows indicate how many credits they have earned for the creator.
The deposit to upload ensures that the content is registered on the LBRY blockchain and will become discoverable by other users.
Users need to have an Odysee wallet associated with their account, which is viewable once they are logged in. They can also use third-party cryptocurrency wallets to store their cash.
Earnings vary for content influencers. Odysee says that the amount typical influencers make varies, and creators “earn $100 per month all the way up to $5,000 per month” for their uploads.
Users can upload any video they want – which could lead to discussions about what should and should not be allowed and regulated – especially as international conversation around social media regulation is growing.
There are concerns that far-right, or extremist content will find it has a permanent home on platforms such as Odysee, with little moderation or takedown.
Guideline number 4 says “It’s the internet, we get it; try not to be overtly abusive and nasty toward other users. This extends to continuously harassing other users, encouraging the slander and defamation of other users, and threatening or bullying others in videos.”
Does this mean that users can occasionally harass other users? The guidelines seem to encourage people to step over the line.
Using blockchain gives users and creators more control over their content. Just like in a bar, users still have to adhere to some terms and conditions such as not inciting violence. They are otherwise are free to post and engage as they would in a public setting.
Users can issue a command to delist their own content. Odysee itself retains the right to delist extremist or troublesome users. However, the content is not delisted from the LBRY network, but just from Odysee.
There is certainly a lot of interesting content on the platform – as well as the usual conspiracy theories and parody accounts.
Top accounts have hundreds of thousands of support credits, whereas other, less compelling, and downright dumb videos, have earned nothing. Will it become a refuge for extremists and nutjobs? Time will tell.
But for content creators, who want to earn LBC right now, and ultimately convert it into cash from their efforts – without a third party dictating how much they can earn – Odysee could be the platform for them.
Customers of Optus will soon have the ability to pause the very product they are paying for — telecommunications connectivity.
The telco has said the functionality available in its My Optus app will allow “our customers the freedom to ensure they enjoy the time that matters most”.
Switching off connectivity will be per device, with a timed period of unconnectedness.
“Optus is pioneering digital and customer innovation through a ‘one click’ solution that works across mobile and home WiFi connections; across Optus connected services and all devices connected via WiFi on Optus NBN plans with the latest Optus supplied modems, on the same account and household,” Optus vice president of TV, content, and product development Clive Dickens said.
“We’ve listened to our customers who’ve asked us to develop a product that gave them a right to disconnect.”
The telco said it would be rolling out the feature progressively to customers.
Customers of a certain supermarket-branded MVNO that uses the Optus network might feel like they have had a preview of the feature for years already.