Zain Bahrain reported H1 2024 revenue of BD38.44 million, a 3.5% increase. Net profit fell 11.9% to BD2.42 million. Q2 net profit rose 2.6% to BD1.35 million, with stable revenue at BD18.93 million. Zain expanded business solutions, led in 5G innovation, and won awards for workforce development and leadership.
e& UAE achieved TM Forum’s Platinum Open API certification, the first in the MENA region to do so for 20 unique APIs. This milestone enhances connectivity, interoperability, and system portability. e& UAE’s Developer Portal offers free access to standardized APIs, fostering innovation. This certification underscores e& UAE’s commitment to digital transformation and technological excellence.
BNET and Huawei Bahrain have signed a MoU to enhance Bahrain’s fiber broadband experience. The partnership will deploy Huawei’s cutting-edge solutions, improving coverage for residences and businesses. This collaboration aims to position Bahrain as a global leader in fiber broadband, supporting the nation’s digital transformation and benefiting citizens and businesses alike.
Robi Axiata achieved a 341% year-on-year profit growth in Q2 2023, reaching Tk 1.07 billion, driven by revenue growth and cost efficiency. Despite economic and regulatory challenges, the telecom operator reduced its cost of revenue, expanded its subscriber base, and heavily invested in network improvements, while preparing for future market impacts.
Al Yah Satellite Communications Company (Yahsat) reported a 62% increase in H1 net income to AED269 million, despite a 3% revenue drop. EBITDA surged 25%, driven by growth in key segments. Yahsat’s strong cash position and future contracts secure long-term financial stability amid strategic pivots and upcoming satellite launches.
Salam, a leading Saudi telecom provider, has partnered with Oracle in a managed services agreement to boost its digital transformation. Oracle will support Salam in improving operational efficiencies and customer experience, aligning with Saudi Arabia’s Vision 2030. The collaboration includes implementing Oracle’s cloud solutions and enhancing 5G capabilities.
Bahrain and Qatar have achieved significant increases in 5G download speeds, with Bahrain leading at 52.4 Mbps and Qatar at 48.8 Mbps, according to OpenSignal’s report. The GCC countries overall show impressive mobile network performance, particularly in 5G, with substantial gains in download speeds and strong network availability.
Vodafone Egypt has been ranked first in Umlaut’s network performance reports, covering November 2023 to April 2024. Vodafone excelled in mobile and fixed broadband performance, earning top scores for coverage, download speed, and latency. This achievement reflects Vodafone’s commitment to investing in network infrastructure and prioritizing customer satisfaction.
Bangladesh restored mobile internet services after a 12-day outage caused by violent protests. However, social media platforms remain blocked pending talks with government officials. State minister Zunaid Ahmed Palak cited “planned sabotage” for the blackout, while digital rights groups urge an independent enquiry into the incident’s true cause.
stc Group and Ericsson have achieved a world-first by deploying Automated Radio Resource Partitioning (RRP) on a 5G standalone network slice. This innovative feature uses intent-based automation to optimize network resource allocation, preparing stc Group for 5G Advanced and enhancing efficiency, scalability, and user experience.
