Bahrain’s TRA Elected Vice Chair of ITU Council Working Group on Child Online Protection
Bahrain’s Telecommunications Regulatory Authority (TRA) has achieved a significant milestone by being elected as the Vice Chair of the International…
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Vodafone Qatar and Qatar Financial Center Partner to Support Business Establishment in Qatar
Vodafone Qatar and Qatar Financial Center (QFC) have signed an MoU to support business development in Qatar. Vodafone will offer communication and digital services, including IoT and Cyber Security, to QFC licensed firms, enhancing their operational efficiency and workplace flexibility.
Tunisie Telecom Partners with Telepin for Converged Charging System
Tunisie Telecom has partnered with Telepin to launch a converged charging system for its customers. This partnership aims to unify Tunisie Telecom’s charging services into Telepin’s platform, enhancing customer experience for its six million subscribers with secure and integrated top-up solutions.
Banglalink Sells Tower Portfolio to Summit Towers in $100 Million Deal
Veon subsidiary Banglalink has agreed to sell around a third of its tower portfolio in Bangladesh to Summit Towers for $100 million. This strategic move, involving the transfer of over 2,000 towers, aligns with Veon’s shift towards a digital operator model and will help Banglalink focus on digital services expansion.
Oman Telecommunications Company Group Reports Robust Growth in 2023
Oman Telecommunications Company Group reported a notable financial performance for the first nine months of 2023, with a 28.7% increase in net profit to RO251 million and a 10.6% growth in revenue to RO2.19 billion. Key growth drivers included increased transit voice revenue and device sales, alongside strong mobile postpaid and fixed broadband revenue. Subsidiary Zain Group also showed significant growth in both revenue and net profit.
Google Cloud Inaugurates New Cloud Region in Dammam, Boosting Saudi Arabia’s Digital Ambitions
Google Cloud has launched a new cloud region in Dammam, Saudi Arabia, to offer advanced cloud services to various sectors and support Saudi Arabia’s Vision 2030. This strategic expansion is expected to add significant economic value and job creation by 2030. The initiative includes collaborations and a focus on aiding SMEs and startups, particularly through the upcoming Google for Startups Cloud Program.
PITB’s BizLinks Initiative Boosts Pakistan’s Digital Footprint
The Punjab Information Technology Board’s BizLinks initiative, launched in May 2023, aims to enhance Pakistan’s digital footprint and IT exports. It focuses on public-private partnerships, attracting Foreign Direct Investment, and leveraging PITB’s flagship products like e-Pay Punjab and e-Stamping.
re.life Expands Digital Ecosystem Across MENA Region
Sharjah-based digital ecosystem re.life announces its expansion across the MENA region, with new offices in Saudi Arabia, Egypt, Jordan, and Turkey. The company operates ‘re.life market’ for recyclable trading and ‘re.life collect’ for logistics services. This expansion follows significant growth in 2023, with a substantial increase in transactions and user engagement on both platforms.
Telecom Egypt Reports 48% Surge in Net Profit for First Nine Months of 2023
Telecom Egypt (ETEL) reported a 48.26% year-on-year increase in net profit for the first nine months of 2023, reaching EGP 9.148 billion. This growth is reflected in both its consolidated and standalone financial statements, with significant rises in operating revenues and net profits, underscoring the company’s strong position in the telecommunications sector.
Banglalink Delays IPO Amid Market Uncertainty, Optimistic for 2024
Banglalink, Bangladesh’s third-largest mobile operator, is postponing its IPO launch due to current market conditions, including political uncertainties and underperformance of telecom stocks. The company, optimistic about a 2024 IPO, has also explored partnerships with digital banks and recently initiated a national roaming field trial with Teletalk. Challenges include non-implementation of SMP restrictions and unfeasible regulations for SIM-locked handsets.