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23 June 2025
  • Pakistan Launches Key Startup Policy Brief to Bridge Funding Gap
  • Oman Data Park and Rihal Launch ‘Daily Millionaire’ Digital Platform
  • Qatar and Brazil Sign MoU to Boost Radio Spectrum Cooperation
  • Maroc Telecom and IFC Partner to Boost 4G Connectivity in Chad and Mali
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  • Pakistan Launches Key Startup Policy Brief to Bridge Funding Gap

    4 hours ago4 hours ago
  • Oman Data Park and Rihal Launch ‘Daily Millionaire’ Digital Platform

    4 hours ago4 hours ago
  • Qatar and Brazil Sign MoU to Boost Radio Spectrum Cooperation

    4 hours ago4 hours ago
  • Maroc Telecom and IFC Partner to Boost 4G Connectivity in Chad and Mali

    4 hours ago4 hours ago
  • Al Madina Summer Fest Attracts Shoppers Across UAEwith Over 10,000 Free Trolleys

    3 days ago3 days ago
  • Maroc Telecom and IFC Partner to Boost 4G Connectivity in Mali and Chad with €370 Million Investment

    3 days ago3 days ago
  • Pak Datacom Signs MoU with Asia-Pacific Satellite Broadband Provider to Expand Digital Connectivity

    3 days ago3 days ago
  • e& Egypt Officially Launches 5G Services, Accelerating National Digital Transformation

    3 days ago3 days ago
  • Meta Launches ‘Teen Accounts’ on Instagram in Partnership with UAE’s Digital Wellbeing Council

    3 days ago3 days ago
  • Türk Telekom Advances 6G Innovation with Open RAN Synchronisation Partnership

    3 days ago3 days ago
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Financial performance

  • Financial

Türk Telekom Reports Strong Revenue and Profit Growth in Q1 2025

Shahzaib1 month ago1 month ago01 mins

Türk Telekom’s Q1 2025 revenue rose to 45.6 billion TRY, with gross and operating profits increasing significantly. Net profit reached 5.1 billion TRY despite higher finance costs. The company aims to maintain growth through service expansion and customer experience enhancement.

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  • Financial

Ooredoo Announces QR0.65 Per Share Dividend After Strong 2024 Financial Performance

Shahzaib3 months ago3 months ago03 mins

Ooredoo shareholders approved a QR0.65 per share cash dividend after the company reported strong growth in 2024, with a 2% revenue increase and a 14% rise in net profit. Key developments include partnerships with NVIDIA, the launch of a new data center, and the acquisition of the ‘Fibre in Gulf’ subsea cable.

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  • Financial

Telecom Egypt Reports 5.59% Drop in Net Profit for the First Nine Months of 2024

Shahzaib7 months ago7 months ago02 mins

Telecom Egypt reported a 5.59% YoY decline in consolidated net profit for the first nine months of 2024, totaling EGP 8.637 billion. Operating revenues rose to EGP 58.43 billion. The company’s standalone profit also decreased during the same period, reflecting a challenging year for the telecom operator.

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  • Financial

Robi Axiata Reports 78% Profit Growth in Q3 2023 Despite Revenue Decline

Shahzaib8 months ago8 months ago04 mins

Robi Axiata reported a 78% year-on-year increase in profit, reaching Tk 1.89 billion in Q3 2023, driven by effective cost management and reduced foreign exchange losses. Despite a nearly 3% decline in revenue to Tk 24.74 billion, the company maintained growth momentum through strategic investments.

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  • Financial

Ooredoo Reports Positive Financial Results for Nine Months Ended September 30, 2024

Shahzaib8 months ago8 months ago08 mins

Ooredoo reported a 2% revenue increase to QAR 17.7 billion and a 15% rise in normalized net profit to QAR 2.9 billion for the first nine months of 2024. The company is positioning itself as a leading digital infrastructure provider and has secured significant financing for its data center expansion.

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  • Financial

e& Announces Strong Financial Performance and Strategic Expansions in Q3 2024

Shahzaib8 months ago8 months ago05 mins

e& reported Q3 2024 revenues of AED14.4bn, a 10% YoY growth, and AED42.7bn for nine months, up 9%. Strategic acquisitions and a growing global footprint mark its transition to a global technology leader, enhancing its digital and enterprise solutions across new markets.

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  • Financial

du Reports Record Earnings and Subscriber Growth in 2024

Shahzaib8 months ago8 months ago02 mins

du achieved a 49.7% rise in net profits for the first nine months of 2024, marking a significant year with robust revenue growth and operational efficiency.

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