Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
e& announced a cash dividend of 83 fils per share for FY 2024, marking another successful year of growth. The company reported record revenues of AED 59.2 billion and net profits of AED 10.8 billion. e& plans to further its transformation and digital innovation in 38 countries.
Orange Jordan has launched an advanced satellite Internet service, enhancing digital inclusion in remote areas. This service, in collaboration with Eutelsat Group, offers secure, reliable broadband technology for both individuals and businesses, cementing Orange Jordan’s position as the leading telecom provider in the country.
PTCL’s merger with Telenor Pakistan is moving towards approval with a new $1 billion investment offer. The deal, anticipated to enhance mobile competition, could position Ufone as the second-largest telecom provider in Pakistan, benefiting consumers with better services.
Telecom companies in Pakistan have expressed frustration over being excluded from the government’s electricity tariff relief despite being granted industry status in 2004. They have also raised concerns about the tax regime and called for reforms, including tax relief for employees, a rollback of the Federal Excise Duty rate, and more equitable enforcement.
Maroc Telecom and Inwi have signed an expanded partnership to accelerate fibre optic and 5G deployment across Morocco. The agreement includes creating two joint ventures: FiberCo to expand fibre optic networks and TowerCo to build new towers. The first phase is valued at MAD4.4 billion ($457 million).
Omantel has reported a rise in cyber and telecom threats targeting its subscriber base in 2024. The company successfully blocked millions of attacks, utilizing AI-driven security measures. Its mobile and broadband subscriber growth helped increase domestic revenue. Omantel continues to enhance its cybersecurity posture, securing its 5G and cloud infrastructure.
Dialog Axiata has been recognized as the ‘Telecommunication Brand of the Year’ for the 14th consecutive year and the ‘Service Brand of the Year’ for the 4th time at the SLIM-KANTAR People’s Awards 2025. These awards reflect the trust and strong relationship Dialog has built with Sri Lankans over the years.
Chaudhary Group’s CG Telecom won spectrum licenses in Moldova’s recent auction, bidding nearly 570 million rupees for two 20 MHz blocks in the 3600 MHz range. The auction raised 26.31 million euros, and the licenses granted to telecom companies will facilitate expanded mobile services in Moldova.
Telecommunications networks in Makkah and Madinah performed exceptionally during Ramadan, handling over 320 million calls. The 5G coverage reached 98% in Makkah and 99% in Madinah. Mobile data usage exceeded global averages, with speeds reaching 210 Mbps in Makkah and 278 Mbps in Madinah, ensuring seamless communication for worshippers.
Saudi telecom companies saw a 69% increase in net profits for 2024, reaching SAR 28.39 billion ($7.57 billion), driven by higher revenues, a growing customer base, and operational efficiency. Stc led with a profit surge of 85.7%, while Mobily showed growth, and Zain experienced a decline due to higher costs.