Telecom Egypt and Etisalat Misr have formally announced they have signed a memorandum of understanding (MoU) to provide the latter with virtual fixed voice services. The agreement, which represents the first of its kind in the Egyptian market, covers all the basic terms that shall allow both companies to formalize a commercial agreement in due course. Under this MoU, Telecom Egypt through its nationwide fixed network will enable Etisalat Misr to provide its customers with fixed voice services.

Read more: Telecom Egypt and Etisalat Misr sign MoU for virtual fixed voice services

Sparkle, the International Services arm of TIM Group and among the top ten global operators, announced the adoption of energy efficient Lithium-ion (Li-ion) battery technology for uninterruptible power supplies (UPSs), in its Istanbul Data Center making it the most environmental-friendly in Turkey.

Read more: Sparkle introduces energy efficient battery technology in its Istanbul Data Center

Bharti Airtel, a leading global telecom services provider, and Telecom Egypt, Egypt's first integrated telecom operator, announced a strategic partnership, wherein, Airtel will get IRUs (Indefeasible Right of Use) on Middle East North Africa Submarine Cable (MENA Cable) and TE North Cable Systems. In addition, Airtel will also take large capacities on a long-term basis on two new state-of-the-art Cable Systems (SMW5 & AAE1). The transactions aim to be concluded after the fulfillment of all conditions precedents.

Read more: Airtel and Telecom Egypt partner on global submarine cable systems

VIVA, Kuwait's fastest-growing and most developed telecom operator, announced the financial results for six-month period ended 30 June 2018 whereby VIVA's net profit grew to reach KD 23.8  million recording  growth of 21% compared to the same period in 2017. The revenues during the first six-month period of 2018 reached KD 149.1 million recording a growth rate of 7.6% compared to the same period in 2017.

Read more: VIVA Kuwait achieves record growth in Q2

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