Dialog Axiata PLC reported its earnings for Q3 and the nine months ending September 30, 2024. Q3 sales decreased to LKR 42.83 billion, while net income rose to LKR 4.50 billion. For the nine months, sales were LKR 125.38 billion, with net income dropping to LKR 5.69 billion.
VEON’s Jazz has partnered with Standard Chartered Bank to establish a regional availability zone through its enterprise solutions arm, Garaj. This collaboration aims to enhance SCB’s operational resilience and customer experience by providing advanced data center services in Pakistan, reinforcing both companies’ commitment to digital transformation.
du, a Dubai-based telecom provider, has launched a revamped B2B portfolio, introducing two new sub-brands, du Tech and du Infra. These initiatives aim to enhance digital transformation solutions for businesses in the UAE, focusing on connectivity, ICT solutions, and advanced technology to support economic growth and innovation.
Helios Towers expects continued growth in 2025, driven by rising digital demand in Africa and the Middle East. The company projects adjusted EBITDA of $420 million for the year, while also reporting a 2% increase in third-quarter adjusted EBITDA to $105.7 million, with a growing number of tenants.
Asyad Group is showcasing its advanced logistics solutions at the China International Import Expo 2024 in Shanghai. The partnership with global companies aims to position Oman as a key logistics hub, enhancing digital connectivity and fostering economic growth across Africa, Asia, and Europe.
Ooredoo Qatar has launched upgraded postpaid plans, including new Shahry+ and Qatarna+ options, offering increased data allowances, flexibility, and exclusive benefits. The plans feature enhanced connectivity and services for both local and international use, aiming to enhance digital lifestyles for customers in Qatar.
A delegation from Bahrain, led by Bader Hood Al Mahmood, attended the 26th GCC Ministerial Committee Meeting on Transportation in Doha. The meeting focused on enhancing cooperation in land and maritime transport, discussing key topics such as the GCC Railway Authority and green corridor initiatives for ports.
Oman Broadband Company has reached 301,000 active subscribers to its fibre optic network and plans to expand coverage to one million units across all governorates by next year. The company aims to enhance digital connectivity and support the local economy, with a commitment to quality service and infrastructure development.
Moroccan company Panafsat has partnered with Thales Alenia Space to develop a satellite communications system aimed at delivering very high-throughput services to 26 African countries. The initiative, signed during French President Emmanuel Macron’s visit to Morocco, aims to enhance digital connectivity and bridge the digital divide in rural areas.
Omani satellite manufacturer Spazers has partnered with Australia’s Southern Cross Space to enhance satellite imaging and analytics capabilities. The agreement aims to leverage advanced technologies, supporting Oman’s goal of becoming a regional hub for space activities and contributing to the digital economy’s growth by 10% by 2040.
