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.
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.
The SAMENA Telecommunications Council’s Leaders’ Summit 2024 is set to occur on May 13th at Atlantis – The Palm, focusing on “Integration, Intelligence & Sustainability in Infrastructure.” With global and regional partnerships, the summit will explore crucial ICT developments, including sustainable digital transformation and 5.5G technology advancements.
Togo has launched mobile number portability, allowing consumers to switch telecom operators without changing their phone numbers. Initiated by the Togolese Regulatory Authority for Electronic Communications and Posts, this move aims to enhance competition in the telecom sector, influenced by a study showing 95% consumer support for the initiative.
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.
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.
Afghan Wireless Communication Company (AWCC) has introduced telecommunication services in Noor Gul, Kunar, for the first time, providing essential connectivity to a region previously lacking such services. This initiative is part of broader efforts to enhance telecommunications across remote areas of Afghanistan, significantly improving local access to communication.
du reported a strong first quarter in 2024, with revenues rising to AED 3.58 billion and net profit up by 62.7% to AED 603 million, driven by significant EBITDA growth. The telecom giant also launched “du Pay,” advancing UAE’s digital and financial inclusion, and continued investing in 5G and fiber infrastructure.
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.
Join us in exploring the transformative journey of GCC telecom operators as they venture into digital frontiers. From strategic ICT investments to bold global acquisitions, find out how these industry titans are shaping the future of connectivity.
