Telecom

Telecom Egypt revenues surge 35 percent to $774 million in H1 2024

Company's EBITDA reached EGP15.5 billion, up 29 percent annually and recording a margin of 41 percent

e& and du paid $963.78 million in federal royalty to UAE government in H1 2024

The aggregate amount of royalty payable by the e& group in the first half of 2024 reached $748.43 million

e& revenue climbs 6 percent to $7.7 billion in H1 2024

The e& board approved an interim dividend of 41.5 fils per share for the first half of 2024

stc Group net profit rises 7.73 percent to $1.76 billion in H1 2024, revenues up 4.79 percent

The group attributes this growth in revenues to the increase in stc KSA’s revenues by 0.6 percent

Dubai’s du posts 54.2 percent net profit surge to $322.35 million in H1 2024

In its Q2 2024 financial results report, du announced that its net profit reached AED581 million

Telecom Egypt partners with Nokia for 5G services in major cities

Nokia will deploy 5G radio access network (RAN) equipment from its industry-leading AirScale portfolio in Egypt

ADNOC, e& partner to build energy industry’s largest private 5G wireless network

The 5G network is projected to generate $1.5 billion in value during the first five years of its operation

Abu Dhabi’s Yahsat selects SpaceX to launch advanced new geostationary satellites AY4 and AY5

The agreement is part of the AY4 and AY5 procurement program, expected to cost $1.06 billion

e& UAE, Khalifa Fund for Enterprise Development partner to accelerate local startup growth

Khalifa Fund members will gain access to special offers and tailored telecommunications and digital solutions from e& UAE through a dedicated online portal

e& UAE adopts TM Forum and Camara-based Open APIs, launches Developer Portal to drive innovation

The strategic move will enable third-party developers and startups to access and leverage API solutions

Dubai’s du partners with Oracle Alloy to offer hyperscale cloud and sovereign AI services in the UAE

Through Oracle Alloy, du will offer over 100 OCI services, plus its own cloud services and apps

Airbus to construct Yahsat’s new Al Yah 4, Al Yah 5 satellites

AY4 and AY5 procurement program will likely reach a total cost of $1.1 billion

UAE tightens telemarketing rules, announces fines of up to $41,000

Telemarketing calls can only be made between 9am and 6pm

center3 completes acquisition of CMC Networks

Acquisition aligns with center3’s strategic vision for growth and expansion in the Middle East and African markets

Huawei advances digital transformation with F5G-A networks

Huawei's launch of F5G-A products and solutions addresses three key trends in the optical industry

e& UAE claims new 5G record with fastest 30.5Gbps speed

The achievement showcased the strong combination of multiple carriers operating on high-band and mid-band spectrums

stc’s revenues rise over 5 percent to $5.09 billion in Q1 2024

Group's net profit surged by 44.50 percent to SAR3.28 billion

UAE reveals 6G roadmap with targeted launch in 2030

The roadmap seeks to bridge current communication services and future requirements, addressing evolving societal and economic needs

Batelco, Nokia join forces to offer private 5G networks in Bahrain

The partnership seeks to facilitate industrial-grade private networks in mission-critical sectors

Egypt seeks to boost telecom R&D, manufacturing with new India deal

Under the MoU, TEJAS will manufacture its communication products in Egypt using fiber optic technology

Telecom Egypt, EXA Infrastructure forge agreement to boost data traffic

Leveraging Egypt's strategic location to revolutionize international data connectivity

Shareholders of Abu Dhabi’s Bayanat and Yahsat to vote on merger to create SPACE42 valued at $4.1 billion on April 25

SPACE42 set to achieve significant cost and revenue synergies by cross-selling and up-selling existing solutions