Etisalat and Dubai Electricity and Water Authority (DEWA) today signed a memorandum of understanding to jointly support customers with an innovative new mobile loyalty app focused on providing products and services for all DEWA's customers.
T-Mobile and Nokia announced a landmark $3.5 billion agreement to accelerate the deployment of a nationwide 5G network. Nokia will provide T-Mobile with its complete end-to-end 5G technology, software and services portfolio, assisting the Un-carrier in its efforts to bring its 5G network to market for customers in the critical first years of the 5G cycle.
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.
British telecom operator Vodafone suffered from a 4.9% erosion of its total revenue in the first quarter, reflecting the adoption of IFRS 15 and FX headwinds and a difficult market in Europe against a backdrop of stiff competition.
Ebtikar Card Systems, an Etisalat Group subsidiary, announced that its advanced production center in Ajman renewed the Security Accreditation Scheme (SAS) certification from the global organization ‘Global System for Mobile Communications' (GSMA).
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.
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.
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.
Etisalat Digital announced its new set of challenges for the 5th cohort of Dubai Future Accelerators (DFA) focusing on creating smart innovative solutions based on emerging technologies like Artificial Intelligence (AI) and Blockchain.
Etisalat Group announced its consolidated financial results for H1 ending 30th June 2018. Consolidated revenues for first half of 2018 amounted to AED 26.2 billion representing 4% increase year over year and consolidated net profit reached AED 4.3 billion representing 6% increase year over year.