Chinese telecom device maker ZTE Corporation has won the bid for 4G LTE project construction from Southeast Asia Telecommunications Holdings Limited. At the same time, ZTE Senior Vice President Zhang Renjun and Southeast Asia Telecom Group Chairman Zuo Huazheng signed a memorandum and strategic cooperation agreement on behalf of the two parties.
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT (NYSE:NTT) Group, announced today that the Asia Submarine-cable Express (ASE) will be extended to Cambodia to provide reliable, high-capacity communication infrastructure for the increasing number of multinational companies operating in the Mekong region.
Despite its late start in the global economic race, Southeast Asia is now considered to have one of the world’s fastest growth rates, with an average GDP of more than 6% over the past decade. The World Bank forecasts that after the economic recession, countries such as the Philippines, Myanmar, Cambodia and Laos will begin to recover their GDP momentum, and can expect growth rates of more than 7% in 2015.
NQ Mobile (NYSE: NQ), a leading global provider of mobile Internet services, today announced a new preload agreement with Cherry Mobile, a large mobile device brand in the Philippines with distribution in Cambodia, Myanmar and Thailand, as well. The deal broadens distribution of NQ Mobile’s award-winning suite of apps that includes its flagship, NQ Mobile Security™, through preinstallation on Cherry Mobile’s Android smartphones for users throughout Southeast Asia.