Ericsson has partnered with e& Egypt to launch 5G services across Egypt, supplying its energy-efficient 5G portfolio to enhance connectivity. This initiative coincides with the government’s second phase of 5G licenses for Vodafone Egypt, Orange Egypt, and e& Egypt, aiming to improve network performance and communication quality.
The PTCL Group, Pakistan’s largest telecom conglomerate, is facing significant financial challenges despite reporting a 15.3% increase in revenue to Rs160.6 billion for the first nine months of 2024. The company posted a net loss of Rs15.3 billion, highlighting ongoing operational struggles.
Orange Jordan is enhancing its 5G coverage while promoting the “Subscribe & Win with 5G” campaign, allowing subscribers to win prizes like a 2024 BYD ATTO 3 electric car and PlayStation 5 consoles. The campaign aims to encourage the adoption of innovative 5G services across the kingdom.
Grameenphone experienced a modest profit growth of 1.0% in Q3 2024, reaching Tk 7.55 billion, despite challenges from rising operational expenses and political unrest. Revenue fell 3.8% to Tk 39.5 billion due to internet shutdowns, but nine-month profits grew 8.60% to Tk 29.55 billion.
stc has reported strong financial results for the first nine months of 2024, with revenues reaching KD 261.8 million, driven by consumer sector growth. The company continues to lead in digital transformation and innovation within Kuwait’s telecommunications market.
du achieved a 49.7% rise in net profits for the first nine months of 2024, marking a significant year with robust revenue growth and operational efficiency.
Telecom Egypt has clinched an EGP 18 billion syndicated loan led by 13 banks to refine its financial structure and support expansion. This strategic financial maneuver is set to enhance the company’s liquidity and align its long-term growth strategies with improved financial management practices.
Orange Jordan has expanded its 5G services nationwide and launched the “Subscribe & Win” campaign, encouraging adoption through exciting prizes, including a 2024 BYD ATTO 3 GL500 electric car. The campaign aims to enhance digital transformation and boost subscriber numbers across all Jordanian governorates.
Telecom experts suggest that Teletalk, Bangladesh’s state-owned mobile operator, can revitalize its services through significant investment and innovative strategies. Recommendations include a joint venture with BTCL and a focus on data services to improve customer engagement and operational efficiency, addressing current challenges and enhancing competitiveness in the telecom market.
Ooredoo has launched SDN Connect, a high-speed private connectivity solution offering speeds up to 100Gbps, aimed at meeting the needs of businesses in Qatar. This innovative service includes features like robust SLAs, software-defined control, and enhanced security measures, supporting digital transformation and scalable infrastructure for organizations.
