Sri Lanka Telecom PLC has appointed Dr. Mothilal de Silva as the new Chairman of its board of directors, effective November 4, 2024. Dr. de Silva brings extensive experience in corporate strategy and operational excellence, previously restructuring Telecom Fiji Ltd to profitability and holding leadership roles at Dialog Axiata and MTN Networks.
Oman Broadband Company has achieved a milestone of 301,000 active subscribers to its fibre optic network, with coverage expanding to approximately 881,103 units. The company aims to reach one million units across Oman within a year, emphasizing its commitment to delivering high-quality services and supporting telecommunications providers.
The BTRC Chairman, Maj Gen (retd) Md Emdad Ul Bari, indicated that additional Nationwide Telecommunication Transmission Network (NTTN) licenses may be issued if service quality declines. He emphasized the need for improved connectivity in Bangladesh, addressing challenges faced by NTTN operators and their impact on the telecommunications sector.
Zain South Sudan has resumed operations in the Abyei Special Administrative Area after a two-month disruption due to technical issues. The local community values Zain as a reliable alternative to the MTN network. Repairs were completed after technicians addressed damages caused by theft during their travels.
Zain Bahrain has partnered with Ericsson to launch a new hybrid power solution that combines a diesel generator with lithium batteries, significantly reducing fuel consumption and emissions. This initiative aligns with Bahrain’s sustainability goals and aims for a daily average reduction of 25% in fuel usage.
Ericsson and du expand their partnership to enhance 5G networks in the UAE, using advanced RAN technologies for better MBB and FWA services. This move prepares for future digital services like AR, VR, and cloud gaming, and introduces an eco-friendly radio system that reduces energy use by 40%.
Ericsson has partnered with e& Egypt to implement 5G technology nationwide, following the Egyptian government’s issuance of telecom licenses to major operators. This collaboration aims to enhance communication quality and network capacity using Ericsson’s energy-efficient 5G solutions, providing faster internet speeds and improved connectivity for consumers and businesses.
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.
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.
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.
