Omantel’s market share dropped by five percentage points in 2024 to 48% of Oman’s telecom market, leading to a 3% decrease in net profit, which amounted to $795 million. Competitors such as Ooredoo, Vodafone, and Awasr gained ground, impacting Omantel’s position in the country’s telecom sector.
Paratus Group has launched Paratus Tanzania in a joint venture with Green Telecom, expanding its East African presence. This move targets key sectors such as tourism, mining, and healthcare while improving connectivity for underserved regions. It also creates job opportunities, strengthening Paratus’ commitment to Africa’s digital transformation.
Bangladesh’s internet penetration rate has been steadily declining, reflecting slower connectivity growth. A drop in mobile broadband subscriptions, alongside stable fixed broadband figures, highlights concerns over accessibility and affordability. Experts emphasize the need for improved network quality, cost reduction, and expanded infrastructure to address these challenges.
Abu Dhabi has launched a groundbreaking partnership with Nova Sky Stories and Analog to introduce the world’s largest fleet of 10,000 light drones for immersive storytelling. This initiative will blend the emirate’s rich heritage with advanced drone technology, creating unforgettable experiences that position Abu Dhabi as a global innovation hub.
Northstar Telecom introduces IO by HFCL, a cutting-edge networking solution in Bahrain, offering high-speed WiFi 6, intelligent switching, and local cloud management. This solution meets the growing demand for secure, scalable, and high-performance networks, helping businesses align with regulatory requirements and boost performance.
Iraq’s cabinet has authorized the creation of a national mobile company to operate a 5G network, collaborating with Vodafone. This initiative, backed by local investments and government support, aims to enhance telecommunications infrastructure, improve service quality, and boost national income. The network will provide faster speeds and lower latency.
Turkcell has introduced Wi-Fi 7 technology in Türkiye, offering ultra-high-speed internet with download and upload speeds of up to 1000 Mbps. This next-generation technology supports multiple devices, delivering low latency and enhanced capacity, ideal for gaming, broadcasting, and 4K streaming, while eliminating the need for wired connections.
Synapsia, an Italian company, has signed a $2.5 billion deal with UAE’s Bold Technologies to develop AI-powered city management services for Abu Dhabi. The project aims to address urban issues such as transport, parking, and emergency response. It includes the creation of My Aion Inc., with plans for an IPO.
Alpha Data’s shares rose nearly 7% on debut after raising $163 million in its IPO. With a market cap of $408 million, the company is positioned for growth in the digital infrastructure sector. It also announced a high dividend yield of 8.7% for 2025, attracting both growth and income investors.
Space42 and Viasat have partnered to develop a 5G Non-Terrestrial Network (NTN), enhancing global satellite connectivity. The collaboration focuses on direct-to-device satellite communications, NB-IoT, and MSS services. They will design an open, scalable infrastructure, aiming to improve satellite network efficiency for 5G readiness and seamless global integration.
