Data traffic surge will force APAC telcos to raise capex
Fitch expects the growth in telecom revenue to lag behind data consumption, as telcos are seldom able to price data to capitalise fully on the rapid growth in traffic.
Strong regulatory support will drive the smart city push in China
A new commentary by Fitch Solutions Macro Research suggests that smart city initiatives in China gained traction after the 12th Five-Year plan [Plan]. Fitch noted that the Plan highlighted the use of digital cities to manage increasing urbanisation as the government repurposed coastal cities to become high-end research and development centres. It also shifted the […]