Beyon Reports Q1 2025 Financial Results: Growth in Digital Services and Telecom, Despite Tax and Acquisition Impacts
Beyon has released its financial results for the first quarter of 2025, reporting a net profit of BHD 18.1 million…
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e& Reports Strong Q1-2025 Growth with 12.9% Subscriber Increase and Strategic Stake Sale
e& has seen a 12.9% increase in its total subscriber base, reaching 194.8 million, and posted a strong Q1-2025 performance with revenues up by 18.7% and a net profit surge of 129.9%. The company also divested a 40% stake in Khazna Data Centers for Dh8 billion and entered a strategic partnership in Morocco.
Maroc Telecom Reports Q1 Profit Drop Amid Declining Revenue in Morocco, Growth in Africa
Maroc Telecom reported a 5.9% profit drop in Q1, driven by declining revenue in Morocco, while its African subsidiaries saw growth. The company also announced a partnership with Inwi to roll out a 5G network in Morocco with a joint investment of 4.4 billion dirhams over three years.
Oman Telecom Sector Sees Robust Growth, Driven by IoT, 4G/5G Expansion, and Investment
Oman’s telecom sector achieved solid growth in 2024, with a 4% revenue increase and significant progress in IoT, mobile, and broadband services. Investments in 4G/5G, fiber-optic expansion, and IoT have enhanced connectivity, contributing to the country’s Vision 2040 goals. Oman’s focus on digital transformation continues to drive economic development.
Zain Bahrain Reports Strong Q1 2025 Results with 9.6% Profit Growth
Zain Bahrain’s Q1 2025 results show a 9.6% increase in profit to BD 1.17 million, alongside a 7.7% rise in revenue. The company made significant strides in network expansion, including a tripling of fiber internet speeds, while securing key certifications and partnerships, reinforcing its market leadership in Bahrain.
Mobily Reports 20.21% YoY Growth in Q1-2025 Net Profit
Mobily reported a 20.21% YoY increase in net profit for Q1-2025, reaching SAR 767 million. Revenues grew by 5.10% to SAR 4.77 billion, and earnings per share rose to SAR 1. Despite a quarterly decline, Mobily’s annual profit growth was notable, with a 39.20% increase for 2024.
STC Bank to Expand Services Following $800 Million Capital Injection
STC Bank, the digital banking arm of Saudi Telecom, has received an $800 million capital infusion to expand its services. The funds will enable the bank to offer a wider range of financial products, supporting its strategy to diversify and contribute to Saudi Arabia’s Vision 2030 by modernizing its financial sector.
Vodafone Qatar Reports Strong Q1 2025 Financial Results with Continued Growth
Vodafone Qatar reported strong financial results for Q1 2025, with total revenue increasing by 6.1% to QR 855 million and net profit rising by 8.1% to QR 162 million. The company saw growth across core business segments and achieved a return on equity (ROE) of 12.7%, reflecting continued growth.
Telecom Egypt Announces Dividend Distribution for Shareholders in April 2025
Telecom Egypt has announced a dividend distribution of EGP 1.5 per share, with the record date set for April 17, 2025, and payment on April 23, 2025. This marks the company’s 23rd coupon and highlights its ongoing commitment to providing value to shareholders.
Vodafone Qatar Reports 8.1% Increase in Q1 2025 Net Profits
Vodafone Qatar’s net profits for Q1 2025 increased by 8.1%, reaching QR 162.3 million compared to QR 150.1 million in Q1 2024. Earnings per share also rose to QR 0.038, up from QR 0.036 during the same period last year, as reflected in the company’s financial statements.