Ooredoo reported a 5% decrease in Q1 2024 net profits, with earnings at QAR 912.93 million, despite a 4% revenue increase to QAR 5.86 billion. The telecom company also announced a dividend of QAR 0.55 per share and aims to boost stakeholder value through strategic initiatives and operational efficiencies.
educational practices with global technological advancements.
Axentec, Robi Axiata’s subsidiary, debuts Cypher, Bangladesh’s inaugural certified Tier-IV Co-Location Data Centre. With 16,500 sq ft coverage, 2N redundancy, and advanced security, Cypher ensures 99.995% uptime, pioneering digital reliability in Bangladesh’s tech landscape. CEO Md Adil Hossain Noble hails Cypher as pivotal for Bangladesh’s digital future.
Tadoom and China Telecom unveil “Tadoom Vision,” an AI-powered CCTV platform, enhancing security in Oman. Features include 24/7 cloud storage, intrusion detection, and facial recognition for smart campuses.
The Kaspersky report for 2023 reveals Morocco ranks 15th globally for online infections, with 19.5% of users facing malware threats. This places the country in a high-risk category for cyber attacks, emphasizing the need for enhanced cybersecurity measures.
Robi Axiata’s new subsidiary, Axentec PLC, has officially started its operations, offering innovative digital solutions and services. Axentec, emerging from Robi’s ICT arm Reddot Digital, is set to provide a wide range of IT solutions, including cloud services, AI, data analytics, cyber security, and IoT, focusing on the corporate and SME sectors. This strategic move positions Axentec as a key player in the digital solutions market, both in Bangladesh and globally.
Algerie Telecom and Djezzy, two leading Algerian telecom operators, have signed a new partnership to collaborate on consumer services and digital content development, enhancing Algeria’s ICT sector.
Zong 4G collaborates with Knowledge Platform to launch the Digital Scholars program, aiming to revolutionize Pakistan’s educational landscape. This initiative targets about 3000 students across 60 schools, focusing on marginalized areas along the CPEC belt. By providing digital learning modules in core subjects, the partnership seeks to bridge the rural-urban education gap, empowering Pakistani youth with equal learning opportunities.
Egypt’s telecommunications sector recently experienced a price hike, with mobile recharge cards and selected prepaid plans from major providers like Vodafone, Orange, Etisalat, and WE increasing by 10 to 15 percent.
PTCL has acquired Telenor Pakistan for Rs108 billion, marking a significant consolidation in Pakistan’s telecom sector. This strategic move aims to enhance service quality and coverage, supporting Pakistan’s economic growth and digital transformation. The acquisition will strengthen PTCL’s market position and create a robust telecom infrastructure.
