Malaysia’s Austral Techsmith targets global 5G tower market with Norwegian-based GSM Towers

by SHAFIQQUL ALIFF

MALAYSIA’S engineering house, Austral Techsmith and Norwegian-based GSM Towers signed a memorandum of understanding (MoU) to expand its global footprint to tap new 5G infrastructure markets. 

In a statement today, Austral Techsmith said that the new partners will leverage each other’s expertise and experience to pave a strong foundation and penetrate new 5G infrastructure markets and the venture will explore and globally expand Austral Techsmith’s proprietary 5G smart pole, ELAB01.

ELAB01 is an all-in-one innovation for 5G on-ground deployment using a single pole measuring 18m that can house multiple connectivities and Internet of Thing (IoT) solutions such as 5G, 4G, Wifi routers, power units as well as smart streetlight function.

“The agreement puts in force the movement of ultra-connectivity products from Malaysia to the global market.

“The discussions for the sales of Austral Techsmith’s products in GSM Tower’s core markets are underway with primary targets in the Philippines through Phil-Tower Consortium Inc, a leading digital shared infrastructure provider in the Philippines,” the company said.

Meanwhile, its CEO Azfar Zubri Datu Safri said that 5G and its associated technologies have a multitude of compelling potential that can unlock new developments for numerous industries, proving to be a game-changer in industry transformation. 

“This makes the global 5G market an opportunity-filled market that remains untapped and the collaboration with GSM Towers is a pivotal step forward as they embark on their expansion plans hand-in-hand. 

“Phil-Tower will take the lead for the deployment of ELAB01 in the Philippines while we work towards on-site deployment for the first cluster of our eight pilot sites targeted between January and February 2023,” he said.

According to Precedence Research, the global 5G IoT market size is estimated to be worth approximately US$297.1 billion by 2030 and growing at a registered CAGR of 70.04% over the forecast period 2022 to 2030.

At the same time, GSM Tower CEO Christian Strømme said Austral Techsmith has displayed extensive industry proficiency and far exceeded expectations and their global supply chain will enable the seamless delivery of 5G solutions to all their markets across all continents.

He said that the partnership between them is a testament to GSM Towers’ excellence in bridging connectivity solutions through our core competencies and competitive edge that we continuously strive for and pride ourselves on.

“Our shared beliefs and vision to elevate 5G infrastructure has made it a no-brainer to form this synergistic partnership. We look forward to converging our solutions and fortifying our 5G capabilities to power a more connected world,” Strømme said.

Its COO and lead for ELAB01 innovation and development at Austral Techsmith, Soh Chong Meng said innovation and development at Austral Techsmith said post-Covid recovery has caused the proliferation of new technologies across major industries which require heavy connectivity and bandwidth to support them.

“Our solution at Austral Techsmith, coupled with GSM Tower’s immense capabilities, will prime us for product capability enhancements to support more industries, helping them reimagine their opportunities,” he added.