Telecom Egypt and Hungary’s 4iG Group have signed a $600 million, 10-year agreement to build a fiber network in Egypt, providing high-speed internet to six million households. The project supports Egypt’s Vision 2030 and the “Digital Egypt” strategy, enhancing the country’s digital transformation efforts.
Oman’s telecommunications regulatory authority, with licensed providers, will begin phasing out 3G mobile services in July. This initiative aims to optimize spectrum resources and invest in advanced technologies, enhancing service quality and promoting digital transformation, while ensuring a seamless transition for users.
ITIDA, Telecom Egypt, and Nokia have signed an MoU to establish an IP Excellence Center in Egypt, expanding Nokia’s operations and boosting Egypt’s ICT services exports. The center will serve 60 countries in the MEA region, leveraging local talent and enhancing Egypt’s role in the global digital ecosystem.
The Committee on Public Finance has approved the Sri Lanka Telecommunications (Amendment) Bill, aiming to regulate satellite-based internet services and modernize industry regulations. The bill, developed with stakeholder input, introduces new licensing types, strengthens the TRC’s powers, and promotes competitive market practices for consumer benefits.
State Minister Zunaid Ahmed Palak announced the launch of 5G services at Terminal 3 of Hazrat Shahjalal International Airport in October, following the prime minister’s directive to prioritize airports, seaports, business districts, and industrial zones. The announcement was made during a BTRC meeting in Dhaka.
Dialog Axiata has completed the acquisition of Airtel Lanka through a share swap. Post-acquisition, Axiata holds 73.75% of Dialog, Bharti Airtel 10.355%, and the public 15.895%. Both brands will continue to serve customers while merging networks to enhance connectivity. The move aims to drive growth and innovation in Sri Lanka’s telecom sector.
Grameenphone, a subsidiary of Telenor, aims to connect 50 million internet users in Bangladesh within five years. The company recently surpassed 50 million subscribers and plans significant annual investments to upgrade its network. Celebratory offers include doubling internet speeds for 3G users. Grameenphone’s network covers 99% of the population.
Dialog Axiata has acquired 100% control of Bharti Airtel Lanka via a share swap, reducing Axiata Group’s stake to 73.75% and giving Bharti Airtel 10.355%. The merger aims to improve efficiencies, cut costs, and enhance customer experience, adding 5 million subscribers to Dialog’s existing 18 million.
MSMEDA and Telecom Egypt have signed an MoU to support entrepreneurs and startups by offering special mobile and internet packages, integrating them into the formal sector, and enhancing their competitiveness. This collaboration aims to boost digital transformation, productivity, and local and global competitiveness.
Morocco is witnessing a significant surge in mobile and internet usage, with mobile phone subscriptions exceeding 55.4 million in Q1 2024 and an internet penetration rate of 103.5%. This growth reflects the country’s ongoing digital transformation, driven by improved telecommunications infrastructure and increasing affordability.
