Nepal Telecom to Divest 30% Shares to Public While Government Retains Majority
Nepal Telecom to sell 30% shares to the public, with the government maintaining majority ownership, as announced in the 2025/26 budget speech.
Financial
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SLT-Mobitel Reports Remarkable Q1 2025 Financial Turnaround, Cementing Role as Sri Lanka’s Digital Leader
SLT-Mobitel delivered a strong Q1 2025 turnaround with a PAT of Rs. 2,001 million, led by growth in broadband and mobile data. The company’s revitalization reflects strategic leadership, technology innovation, and stakeholder collaboration, positioning it as a cornerstone of Sri Lanka’s digital transformation.
Turkcell Secures $150 Million Murabaha Financing from Dubai Islamic Bank to Boost Infrastructure Investments
Turkcell secures $150 million Murabaha financing from Dubai Islamic Bank to fund infrastructure investments in data centres, cloud, and renewable energy. The deal diversifies financing sources and attracts Gulf investors, supporting Turkcell’s long-term growth and financial resilience.
Türk Telekom Reports Strong Revenue and Profit Growth in Q1 2025
Türk Telekom’s Q1 2025 revenue rose to 45.6 billion TRY, with gross and operating profits increasing significantly. Net profit reached 5.1 billion TRY despite higher finance costs. The company aims to maintain growth through service expansion and customer experience enhancement.
Nepal Telecom Reports 48.6% Profit Decline in First Nine Months of FY 2024/25
Nepal Telecom’s net profit declined 48.6% to Rs 2.84 billion in the first nine months of FY 2024/25 due to a 46% drop in interest income. Customer service revenue remained steady, but overall total revenue fell. EPS dropped to Rs 21.05 from Rs 41.
Omantel Reports RO 3.03 Billion Revenue in 2024, Accelerating Oman’s Digital Transformation
Omantel reported RO 3.03 billion in revenue for 2024, driven by strong domestic growth and regional performance through Zain Group. Its new “Portal to the Future” strategy focuses on AI, cloud, fintech, and sustainability, positioning the company as a key enabler of Oman Vision 2040 and regional digital transformation.
Fawry Reports Exceptional Growth in 1Q2025 with 65.1% Revenue Increase and 97.1% Surge in Net Income
Fawry’s first quarter of 2025 demonstrates continued growth with a 65.1% increase in revenue and a 97.1% surge in net profit. Key drivers included strong performances in Financial Services, Banking, and Supply Chain Solutions. The company remains focused on expanding its digital services while enhancing profitability and operational efficiency.
Oman Telecommunications Company Reports Strong First-Quarter Earnings for 2025
Omantel reported a 10.4% increase in sales and a 22.3% rise in net income for Q1 2025, with earnings per share rising to OMR 0.021 from OMR 0.017 in the previous year.
Indian Telecom ARPU to Rise 10-12% in FY 2025-26, Driven by Rural Data Consumption
India’s telecom ARPU is projected to rise 10-12% in FY 2025-26, fueled by increased rural data consumption. Telecom companies are enhancing rural connectivity to expand their subscriber base. Rural areas are expected to contribute significantly to ARPU growth through higher data consumption and migration to data plans.
Sri Lanka Telecom Reports Strong Profit Growth in Q1 2025
Sri Lanka Telecom (SLT) Group reported a significant profit growth in Q1 2025, with a profit after tax of Rs. 2.00 billion. The company saw a 3.4% revenue increase driven by Mobitel’s strong performance, alongside successful cost-reduction initiatives. SLT aims to continue its digital transformation to drive future growth.