The wireless telecom industry, particularly in Indonesia, is facing significant consolidation as companies like XL Axiata and Smartfren merge to compete with dominant players like Telkomsel. This trend is driven by the high costs associated with building and maintaining 5G networks, as well as geopolitical concerns regarding foreign influence. The merger between XL Axiata and Smartfren, despite Smartfren’s financial struggles, aims to create a more competitive entity in the market, although the impact on consumers remains uncertain.
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Division between US and China is the biggest risk confronting world now, France's Macron says
Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try. Click here to return to FAST Tap here to return to FAST FASTSINGAPORE: French President Emmanuel Macron emphasized the risk of division between the US and China during his visit to Singapore, advocating for new coalitions in the Indo-Pacific. He warned China against allowing North Korea to assist Russia in Ukraine, asserting that failure to resolve the...
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