Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Türk Telekom’s Q2 2025 revenue rose 13.2% to TL 50.4B, with record mobile growth, strong fiber expansion, and TL 21.8B in first-half investments. The company readies for Türkiye’s 5G auction, advances TRNC fiber project, and nears a 25-year concession renewal to drive long-term digital transformation.
Omantel’s H1 2025 net profit rose 46% to $417M on royalty fee cuts, with revenue up 9.5% to $4.2B; other Oman telecom providers will also benefit from the reduced levy.
Zain Group’s H1 2025 revenue grew 14% to $3.5B, net profit surged 49% to $395M. Customer base hit 50.9M, driven by growth in Sudan, Iraq, and Saudi Arabia. Investments in 5G, AI, fintech, and enterprise services continue to deliver strong results across core markets.
Saudi Arabia’s telecom sector reported strong Q2 2025 results with a 17.4% profit increase and 3.7% revenue growth. stc led profits, followed by Mobily and Zain KSA, benefiting from operational efficiency, 5G expansion, and digital demand. The sector’s growth is expected to continue, driven by government initiatives and emerging technologies.
Space42’s H1 2025 results highlight steady profit, strong cash position, and secured funding backed by significant future revenues. Growth in Space Services and advancements in Smart Solutions, including Thuraya-4 satellite and geospatial platforms, position the company for accelerated expansion in H2 2025.
Ooredoo’s robust H1 2025 financials and strategic investments across data centres, fintech, tower assets, and subsea cables position it as a regional digital transformation leader. The Group continues expanding 5G and AI services while maintaining strong profitability and customer growth.
Microsoft has become the second company ever to cross a $4 trillion market cap, driven by strong AI and cloud growth. Nvidia remains the leader at $4.4 trillion. Microsoft’s revenue grew 18% and net profit 25% in the latest quarter.
e& reported a 23.3% revenue increase and 60.7% profit growth in H1 2025, expanded its subscriber base, launched key digital initiatives, and earned global recognition for innovation and growth.
Vodafone Qatar’s H1 2025 net profit rose 12.1% to QR329 million, driven by revenue growth and cost efficiency, with service revenue and subscriber base expanding alongside strong EBITDA and ROE performance.
Ooredoo posted a 4% net profit increase to QR1.9 billion in H1 2025, supported by strategic investments, expanded fintech services, and growth in key markets, while maintaining a disciplined financial position and reaffirming full-year guidance.