IHS Towers has sold its Kuwait operations, including a 70% stake in IHS Kuwait, to Zain Group. This strategic divestment, involving over 2,300 sites, aligns with IHS’s efforts to streamline operations and focus on more profitable markets. The move strengthens the company’s balance sheet and supports future growth initiatives.
PTCL has partnered with IBM and GBM Pakistan to modernize its IT infrastructure by deploying IBM Power10 servers and integrating IBM Spectrum Scale. This collaboration aims to improve performance, scalability, and security, while supporting PTCL’s digital transformation and long-term growth goals, reinforcing its commitment to operational excellence.
Beyon and Ericsson have renewed their sustainability MoU to enhance energy-efficient networks in Bahrain. Their collaboration includes the Ericsson Product Take-Back Programme, resulting in a 30% energy reduction on Batelco’s network. The initiative aligns with Bahrain’s Vision 2030, focusing on Net Zero goals and circular economy practices.
Morocco plans to launch a 5G network ahead of the 2025 African Cup of Nations and the 2030 World Cup. The country aims for 25% 5G coverage by 2026 and 70% by 2030. The “Digital Morocco 2030” strategy also includes fiber optic expansion and job creation, boosting digital exports and reducing rural-urban disparities.
Algeria and South Africa have signed a Memorandum of Understanding (MoU) to collaborate in space science and technology. The agreement, signed during a state visit by South African President Cyril Ramaphosa, aims to foster joint space projects and the exchange of expertise between the two nations for peaceful purposes.
VEON has officially moved its group headquarters from Amsterdam to Dubai, becoming the largest Nasdaq-listed company based in Dubai. The relocation aims to strengthen its position in global markets, offering new opportunities for investors and benefiting from enhanced access to talent and visibility with Gulf investors.
du has partnered with Cyberspace Technologies to introduce Tairra, a comprehensive business management platform designed to enhance team coordination, project management, and customer experience. The platform features integrated tools such as client management, productivity tools, and a gamified loyalty program, offering businesses a transformative solution for improved efficiency.
Prime Minister Shehbaz Sharif and Turkish President Recep Tayyip Erdogan emphasized strengthening economic cooperation in sectors like IT, agriculture, and green technology. They discussed deepening bilateral relations, supporting each other on key national issues, and reaffirming their commitment to regional peace, with a target of achieving $5 billion in bilateral trade.
Nepal Telecom (NT), Agriculture Development Bank Limited (ADBL), and Citizens Investment Trust (CIT) have announced dividend payouts for their shareholders. NT has proposed a 30% dividend, CIT 13%, and ADBL 10.53%. NT’s revenue decline has been attributed to reduced voice call usage due to OTT services and increased competition.
The GCC Sustainability Innovation Hub, a collaboration of telecom operators, has released a white paper outlining strategies to achieve net-zero carbon emissions. The report highlights the challenges in adopting renewable energy and offers actionable solutions to promote sustainable practices in the telecom industry, positioning the GCC as a leader in innovation.
