#telecom

Vodafone

Vodafone to slash 11,000 jobs in new CEO’s turnaround plan

Margherita Della Valle said she would reallocate resources to focus on quality service that customers expect and grow the Vodafone Business unit

Telecom Egypt sells shares

Telecom Egypt offers over 162 million shares up for sale

The second offering, dedicated to staffers of Telecom Egypt, started on Sunday and will go on until May 25

Beehive

UAE’s e& enterprise to acquire majority stake in Beehive

Beehive leads the crowdfunding platform space in the UAE, with operations in Saudi Arabia and Oman

Image e& Group

UAE’s e& reports consolidated revenue of Dhs13bn in Q1 2023

In the UAE, etisalat by e& recorded 13.9 million subscribers an increase of 6 per cent compared to the same period last year

United Group

Saudi Telecom to buy United Group towers for EUR1.2bn

Tawal, which is making its first foray into Europe through the acquisition, already owns more than 16,000 towers

Kuwait’s Zain Group posts $640m full-year profit

The board of directors proposed a cash dividend of 25 fils per share for H2 2022, following a semi-annual dividend of 10 fils earlier last year

5G

How 5G is transforming business operations

The 5G connectivity is estimated to account for 25 per cent of all mobile connections by 2025

Ooredoo Group

Ooredoo Group selects Nokia for 5G deployment in Algeria and Tunisia

The upgrade will lead to improved network performance and help the group to prepare for launch of 5G services

Ooredoo

Qatar’s Ooredoo plans to carve out telecom tower unit this year

The firm received interest from over 50 regional and international bidders and is currently in the final round of talks

UAE telecom operator du posts 10.8% growth in 2022 net profit

UAE telecom operator du posts 10.8% growth in 2022 net profit

Full-year revenues grew by 9.2 per cent to total Dhs12.75bn, while EBITDA increased by 12 per cent to equal Dhs5.14bn

Aldar announces record sales for period ending Sept 30, 2022

UAE telcos partner with Aldar Properties to deliver advanced services

By virtue of the agreement, both service providers will deliver telecommunications infrastructure for the developer’s major projects

Oman

Oman Energy firm OQ to sell 49% stake in oil-drilling unit IPO

The IPO could raise as much as $500m

Ooredoo Oman mobile internet coverage

Telco Ooredoo to expand coverage to more areas across Oman

Ooredoo will enable 2G, 3G and 4G coverage to 37 previously uncovered areas for the first time

du

UAE telco du to enhance employees’ skillsets via alliance with Nokia

As part of the agreement, Nokia will carry out training and development programmes covering technology competence to du employees

Etisalat

Etisalat by e& partners with ADGM to digitally enable startups and businesses

The proposition is an all-in-one solution designed to ensure complete business mobility by equipping each employee to work remotely or in a hybrid work environment

e& partners with UICCA

Telco e& becomes UAE’s first private sector entity to join UICCA

UAE Independent Climate Change Accelerators is a non-partisan climate action entity that functions as a think tank, providing evidence-based policy recommendations on climate action to both the public and private sectors

e& sets net zero target for 2030

UAE’s e& commits to net-zero operations by 2030

The company will accelerate the de-carbonisation of activities while focusing on mobile network modernisation with the deployment of the latest generation of energy-efficient radio equipment

Direct device to satellite Ali Al Hashemi is the CEO of UAE’s satellite solutions provider, Yahsat Group

How direct satellite-to-device connectivity can transform the satcom sector

Direct satellite-to-device technology opens the door for satellite services to go mainstream and leverage mass-market equipment production

Telcom

Telecom industry’s value creation blueprint for the future

Telcos are already speeding the digitisation journey with new products and solutions developed on their own or through public-private partnerships

Mobily

Saudi telecom operator Mobily successfully integrates 5G frequencies with Nokia

The fastest download speed in the Middle East was accomplished after trying to merge three frequencies within the mid-range spectral range

Dubai telecom operator Du posts $87m net profit

UAE’s du reports 12.7% rise in net profit for Q3 2022

The increase in service revenues lifted the gross margin to 65.2 per cent compared to 62.2 per cent in Q3 2021

e& partners with Ericsson to build sustainable networks in UAE

The expansion will help etisalat by e& evolve its radio access network

Sinotrans

UAE telecom du signs MoU with Huawei and Sinotrans at Gitex Global

Huawei and du will deliver the 5G campus network solution to Sinotrans

e& universe courtesy WAM

Gitex Global 2022: UAE telecom giant e& enters the metaverse

Developed in partnership with HTC, the manufacturer of virtual reality and mobile devices, e& universe will be hosted virtually on Mars

STC Bahrain to introduce 5.5g network_GettyImages-1329002214-800x543-1

stc Bahrain announces plans to develop the foundation for 5.5G network

The announcement complements stc Bahrain’s strategy to establish and develop the infrastructure to power the next version of 5G within the next three years

Asia’s richest men prep for battle as Adani enters Ambani’s turf

Asia’s richest men prep for battle as Adani enters Ambani’s turf

Gautam Adani had overtaken Mukesh Ambani as Asia’s richest man a few months earlier

stc Kuwait reports net profit of KD15m in H1 2022

Kuwait Telecommunications Company reports net profit of KD15m in H1 2022

The telecom company’s total revenue reached KD153.8m in the first half of 2022, with a growth rate of 10.3 per cent compared to KD139.4m in 2021

Ewallet

UAE telco e& rebrands eWallet to transform fintech space

UAE citizens, residents, and businesses will benefit from e& money through an enhanced customer experience

Etisalat video calling

Etisalat by e& launches ‘GoChat Messenger’ for voice and video calling

The all-in-one free app offers unique features such as local and international money transfers, news, games and home services

e& UAE q1 2022

UAE’s e& reports net profit of Dhs2.4bn in Q1 2022

First quarter consolidated revenues grew by 0.8 per cent to Dhs13.3bn, with the consolidated net profit rising by 3.6 per cent year-over year