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Corporate News 06 Sep 2018 | 12:00 AM

U Mobile gets RM1b loan to expand ops

PETALING JAYA: U Mobile Sdn Bhd has signed an agreement with United Overseas Bank (M) Bhd (UOB Malaysia) for a term-loan facility of RM1bil to fund its various capital expenditure programmes.

Business 14 Jun 2017 | 12:00 AM

Mobile commerce to top US$6 trillion by 2021

LONDON: Tech stocks may be slumping, but the growth of mobile commerce – one of the key trends that has underpinned investor enthusiasm for the sector in recent years – is only likely to accelerate, according to App Annie, a research company specialising in mobile applications.

Business 16 May 2019 | 6:31 AM

U Mobile to offer unit trusts from 3Q2019

KUALA LUMPUR: U Mobile Sdn Bhd, via its subsidiary U Mobile Services Sdn Bhd, has tied up with iFAST Capital Sdn Bhd to offer unit trusts from the latter’s business-to-consumer (B2C) online distribution arm, FSMOne.

Business 18 Apr 2019 | 6:31 AM

RHB eyes 1 million mobile app users by year-end

KUALA LUMPUR: RHB Banking Group is looking to increase its active mobile banking users to one million by year-end following the launch of its new RHB Mobile Banking Application.

Business 04 Jul 2018 | 12:00 AM

China Mobile recovery may be far away

SHANGHAI: By some measures, China Mobile Ltd looks cheap. Shares of the world’s largest mobile carrier trade at almost one-third of global peers’ valuation.

Technology 20 Jul 2017 | 12:00 AM

G3 Global unit Atilze in tie-up with U Mobile

PUTRAJAYA: Atilze Digital Sdn Bhd has signed a collaboration agreement with telco operator U Mobile Sdn Bhd for the provision of 3G and 4G LTE connectivity for Atilze Connected Car devices.

Corporate News 18 Sep 2014 | 12:00 AM

U Mobile targets 10% sales increase by year-end

KUALA LUMPUR: U Mobile Sdn Bhd is targeting a 10% increase in sales by year-end as a result of its aggressive expansion plans.

Corporate News 07 Aug 2014 | 12:00 AM

China Mobile eyes 20% stake in Axiata

HONG KONG: China Mobile Ltd has held talks about purchasing a minority stake in Axiata Group Bhd, Malaysia’s largest wireless carrier by market value, people with knowledge of the matter said.

Corporate News 10 Sep 2014 | 12:00 AM

U Mobile investing RM1.5bil to expand network

KUALA LUMPUR: Telecommunications company U Mobile Sdn Bhd is investing RM1.5bil to expand its network by another 2,000 new 3G and 4G LTE sites, the majority of which will go live from the second quarter of 2015.

Business 06 May 2017 | 12:00 AM

Telstra gets favourable competition ruling on mobile network

SYDNEY: Australia’s competition watchdog said it will not regulate the nation’s mobile roaming market, in a favourable draft ruling for the country’s biggest telco, Telstra Corp Ltd, which can keep rivals from using its infrastructure.