Salam, a leading Saudi telecom provider, has partnered with Oracle in a managed services agreement to boost its digital transformation. Oracle will support Salam in improving operational efficiencies and customer experience, aligning with Saudi Arabia’s Vision 2030. The collaboration includes implementing Oracle’s cloud solutions and enhancing 5G capabilities.
Vodafone Egypt has been ranked first in Umlaut’s network performance reports, covering November 2023 to April 2024. Vodafone excelled in mobile and fixed broadband performance, earning top scores for coverage, download speed, and latency. This achievement reflects Vodafone’s commitment to investing in network infrastructure and prioritizing customer satisfaction.
stc Group and Ericsson have achieved a world-first by deploying Automated Radio Resource Partitioning (RRP) on a 5G standalone network slice. This innovative feature uses intent-based automation to optimize network resource allocation, preparing stc Group for 5G Advanced and enhancing efficiency, scalability, and user experience.
Maroc Telecom’s H1 2024 results show a 5.1% increase in customers to 78.4 million and a 0.9% rise in revenues, driven by Moov Africa. Mobile Data and Fiber Optics revenues surged, offsetting declines in Morocco. The Group maintains a strong EBITDA margin and significant investments, with stable 2024 forecasts despite litigation impacts.
Nepal’s 4G user base has surpassed 20 million, with mobile broadband holding a 66.28% market share, per the NTA’s latest report. Despite a minor decline of 204,548 users from Falgun to Chaitra 2080, Nepal Telecom and Ncell continue to dominate the 4G landscape, driving digital transformation and connectivity.
Zain KSA announced impressive H1 results with a 60% increase in net profit to SAR172 million ($45.8 million) and revenue of SAR5 billion ($1.3 billion). The growth was driven by enhanced customer experience, expanded 5G coverage, and increased demand during the Hajj season, alongside strong sustainability practices.
Grid Telecom and Dawiyat Integrated have partnered to build a subsea cable system connecting Greece to Saudi Arabia. The project aims to enhance network resiliency and expand reach, leveraging Crete’s strategic position. Details and timelines are yet to be announced, with potential synergies for additional projects like hyperscale-ready data centers.
Ooredoo Kuwait, in collaboration with CITRA, has launched the “Kashef” service to enhance caller identification and communication security in Kuwait. This service aims to provide users with verified caller information, reducing spam and fraudulent calls, and improving overall telecommunications reliability and trust.
Emirates Integrated Telecommunications Company (EITC) reported a 46.3% increase in Q2 net profit to AED581 million, driven by 7.3% revenue growth. Mobile and fixed customer bases grew, with strong performance in enterprise and consumer products. EBITDA rose by 3.2%, and Capex moderation led to a 10.9% increase in free cash flow.
Leading Saudi telecom group stc has reported solid financial results for the first half of 2024, with a 4.79% increase in revenues, reaching SAR38.25 billion ($10.2 billion). Net profit surged by 7.73% to SAR6.6 billion, driven by growth in customer and carrier revenues, as well as subsidiary performance. The company’s “Dare 2.0” strategy and cost efficiency programs were key factors in achieving these results.
