Turk Telekom has expanded its fiber network to 437,000 km, covering 32.2 million households in Turkey. As the leading provider, it has also linked 52% of its LTE 4G base stations with fiber. Committed to 5G readiness, it offers innovative solutions through a new partnership with Schneider Electric.
In 2023, Saudi Arabia achieved a remarkable 99% internet penetration rate, indicating widespread digital access across the population. The “Internet Saudi Arabia” report reveals extensive daily usage, predominance of mobile access, and significant engagement in online shopping and government services, supported by strong infrastructure that places the nation among global leaders in internet speed.
The National Bank of Oman and NBO Muzn Islamic Bank, in partnership with Samsung Gulf Electronics, have introduced the Samsung Wallet. This innovative digital payment solution enables secure, contactless transactions globally, offering enhanced convenience and security for users’ banking needs starting April 28, 2024.
Ericsson has signed a memorandum of understanding with Jordanian telco Umniah to enhance 3G and 4G networks in Jordan. This partnership will see the deployment of Ericsson’s advanced radio system products and the utilization of additional spectrum to expand network capacity and coverage, improving mobile broadband services across major cities.
State Minister Shaza Fatima Khawaja highlighted the importance of equipping Pakistan’s youth with advanced technological skills for development. Speaking at a report launch, she emphasized digitalization initiatives, including the introduction of digital identities and the adoption of digital payments, to enhance societal interactions and foster economic growth.
IT industry leaders in Bangladesh have urged the government to extend the tax exemption for the IT sector by three years to maintain growth and competitiveness. Highlighted during a policy dialogue, this extension is deemed crucial for enhancing reinvestment and supporting the sector’s contribution to the national GDP.
Robi Axiata, Bangladesh’s second-largest telecom operator, reported a 154% year-on-year profit increase in Q1 FY24, driven by revenue growth and reduced forex losses. The company’s focus on expanding its 4G network and digital services has significantly contributed to this growth, aligning with its strategic vision for digital transformation.
Algeria’s digital journey takes center stage at an INESG gathering, highlighting achievements in high-speed internet deployment and the transition to online processes. Experts commend the nation’s digitization efforts, emphasizing collaboration and innovation as keys to success in advancing Algeria’s digital landscape.
ZTE collaborates with Banglalink to upgrade its 4G network in Bangladesh, enhancing coverage and capacity. The partnership aligns with Banglalink’s focus on customer experience and supports the government’s “Smart Bangladesh” vision. Banglalink aims to maintain its status as Ookla’s fastest data network, while ZTE commits to optimizing user experiences.
Zain Bahrain discloses Q1 2024 financials, revealing a 25.3% decline in net profit but a 7.4% revenue surge, driven by innovative data solutions. Despite challenges like start-up costs for its Fintech subsidiary, the telecom giant launches Bede, a Shariah-compliant Fintech Mobile App, and upgrades its 4G network for improved user experiences.
