ISPs (Internet service providers) in the Asia-Pacific region (excluding Japan) need to diversify their business strategies because simply offering free Internet access in this competitive market no longer represents a viable business model, according to a report released Tuesday by market analyst International Data Corp. (IDC).
Electronic business services provider Chinadotcom Corp. will trim 40 staff from its Web Connection consultancy unit after its third-quarter net loss rose to US$20.5 million, the Hong Kong-based company said in a statement Friday.
The knowledge economy has a crucial part to play in fostering economic development in the 10 ASEAN (Association ofn Southeast Asian Nations) countries and in creating peace and stability in the region, according to Vietnam's deputy primen minister Nguyen Manh Cam.
Vietnam is to build a US$230-million CDMA (code division multiple access) mobile phone network with data transfer capacity of 144K bps (bits per second), the country's telecommunications regulator said Thursday.