Region: South Asia
Country: Global / Non-Specific
Sector: Telecom and ICT
Southeast Asia telcos will likely step up tower sales to help pay for 5G upgrades and make further tech investments as the sector settles down after a wave of operator mergers.
Operators in Indonesia, Malaysia and Thailand may boost investment in services such as health tech, as well as in data centers and other physical infrastructure as distractions caused by major operator deals in all three countries fade away. The nations saw $30 billion in total merger announcements last year, led by a mega $15 billion deal in Malaysia, as telcos sought to pare price wars and boost scale for 5G network investments.
Updated: August 8, 2023