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.
Emtelle has inaugurated a $50 million innovation and manufacturing facility in Abu Dhabi’s Kezad Area A. The 48,000 sq. m hub will produce passive telecommunication solutions, enhance telecom infrastructure, and support the UAE’s digital transformation goals while generating employment opportunities for skilled workers in the region.
Zain Saudi Arabia reported a net profit of 150 million riyals for Q3 2024, a 114.3% increase from the previous year. However, net profits for the first nine months declined by 75.6% to 322 million riyals. The company also faced rising operating and credit loss expenses.
Telenor Pakistan and ZTE Corporation have achieved a new data transmission record of 1.9 Gbps over a distance of 11.6 kilometers. This trial utilized advanced MIMO technology and aims to enhance Pakistan’s telecom infrastructure, improving network capacity and expanding high-speed Internet services across the country.
Arabian Internet and Communications Services Company (solutions) reported SAR 1.27 billion in revenues for the first nine months of 2024, a 23.30% increase year-on-year. Q3 net profits surged 19.63% to SAR 463 million, although revenues slightly declined to SAR 2.75 billion compared to the previous year.
Jordan experienced a 64% increase in 5G mobile technology subscriptions in Q2 2024, rising to 51,491 from 31,334 in Q1. Fixed broadband subscriptions reached 793,000, while data consumption through fixed services grew to approximately 1.289 billion gigabytes, reflecting a positive trend in digital connectivity across the country.
