Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Maroc Telecom reported a net profit of $760 million in 2025, driven by the absence of prior regulatory settlement costs, while increased investment in 5G rollout weighed on adjusted earnings. Growth was supported by expansion in African subsidiaries as the operator continued network modernization efforts.
Oasis500 has launched Oasis Ventures III, a $20 million early-stage technology fund aimed at supporting startups in Jordan through capital investment and mentorship. The initiative builds on the accelerator’s track record of backing 193 startups and supports the country’s broader innovation and economic modernization goals.
Maroc Telecom reported a 288% increase in profits in 2025, reaching $760 million, driven by dispute resolution with a competitor and strong performance across African operations. Customer growth, higher revenues, and the commercial launch of 5G services supported the company’s financial and operational expansion.
Nepal Telecommunication Authority spent only 11 percent of its allocated budget in the first half of FY 2082/83, reflecting administrative bottlenecks and implementation delays. The low utilization rate raises concerns over slowed telecom infrastructure development and highlights the need for improved execution to support digital connectivity expansion.
Zain KSA reported SAR 604 million in net profit for 2025, with revenues rising nearly 6% year-on-year and dividends proposed at SAR 0.50 per share, reflecting steady financial performance amid ongoing growth in Saudi Arabia’s telecom sector.
Jawwal reported strong financial performance for 2025, with revenues rising 18.4% and net profit increasing 24.6%, driven by fiber expansion, business service growth, and digital transformation initiatives despite challenging operating conditions.
Nepal Telecom reported a nearly 13% profit decline despite modest operating income growth, as rising OTT service usage continues to reduce traditional telecom revenues, pushing the operator to focus on data services, broadband expansion, and new digital business models to remain competitive.
Africa’s gaming industry generated $2.29 billion in 2025, driven primarily by mobile gaming and strong growth rates, though payment challenges and infrastructure limitations continue to shape monetisation and market expansion across the continent.
VEON is repositioning from a telecom operator into a diversified digital services platform across frontier markets, using payments, fintech, and satellite-enabled resilience to expand beyond connectivity while leveraging Dubai as its operational hub for talent, capital access, and regional reach.
Indosat Ooredoo Hutchison reported a 12% rise in net profit for 2025, driven by AI-led service innovation, network investments, and improved customer experience, reflecting continued momentum in its digital transformation strategy and strengthening financial performance.