Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Mobily has announced the landing of the Africa-1 submarine cable in Duba, Saudi Arabia, enhancing broadband connectivity across Africa, the Middle East, Asia, and Europe. With a capacity of 96 terabits per second, it will power 5G networks, AI systems, and IoT, contributing to Saudi Arabia’s Vision 2030 goals.
Grameenphone (GP) posted a 10% profit growth in 2024, reaching Tk 36.4 billion, and declared a record 330% cash dividend. Despite a 4.9% revenue decline due to cautious consumer spending, GP’s EBITDA rose, and the company plans continued investment in network improvements and AI technology to drive future growth.
e& Carrier & Wholesale is expanding globally with new strategic hubs in Miami and Johannesburg, while enhancing its presence in London and Singapore. This expansion strengthens its role in providing advanced connectivity services, including AI-driven solutions, to telecom operators, enterprises, and digital-first businesses in emerging markets.
Tamkeen is supporting 14 leading Bahraini tech companies at the LEAP 2025 Technology Conference in Riyadh. This collaboration provides an opportunity for the companies to engage with the global tech community, secure investment, and explore strategic partnerships, advancing Bahrain’s digital economy and competitiveness in the private sector.
Nepal Telecom will discontinue its 2G service by the end of the year and launch eSIM services. The company aims to enhance customer experience and expand into 5G, as directed by the government. NT is also focusing on 4G coverage and broadband services for local communities.
Ooredoo Qatar has upgraded its Aamali portfolio, introducing new business solutions like enhanced Aamali Mobile and Mobile Broadband plans. The launch of Aamali GoConnect offers eSIM-enabled devices with global data plans, ensuring seamless connectivity and enhanced productivity for businesses across industries and regions.
Mobily will participate as a Diamond Sponsor at the Capacity Middle East 2025 conference in Dubai, showcasing its telecom solutions, infrastructure investments, and global business expansion plans. This aligns with Saudi Arabia’s Vision 2030, positioning the Kingdom as a hub for digital innovation and attracting international investments.
TAWASOL Group reported an 8.5% revenue increase in 2024, totaling 84.3 million dinars. Despite a 16% drop in local sales due to exiting the optical fiber business, strategic focus on high-value projects and Africa expansion contributed to growth in exports and the Telecom Network and aluminum extrusion divisions.
Trainocate has partnered with Newswire to advance the Sri Lankanization initiative, aiming to equip 10,000 Sri Lankans with expertise in Data Analytics, AI, Cybersecurity, and Business Productivity by 2025. This collaboration will help create a tech-savvy workforce, reduce brain drain, and drive innovation across the nation.
Vodacom’s shares rose 8.6% following a strong revenue report for the December quarter, with Egypt leading performance. Group revenue grew by 1.6%, while service revenue saw an 11.6% increase on a normalised basis. Despite currency challenges, the group remains optimistic about its growth, particularly in digital and financial services.