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

Leading pan-African telecoms group, Liquid Telecom, and Telecom Egypt, Egypt's first integrated telecom operator, announced at the 2018 Annual Meetings of the African Export-Import Bank (Afreximbank) the signing of a Memorandum of Understanding (MoU) that will enable Liquid Telecom to shortly complete Africa's terrestrial fiber network stretching all the way from Cape Town, South Africa, to Cairo, Egypt.

Read more: Telecom Egypt and Liquid Telecom sign MoU on first fiber network from Cape to Cairo

Telecom Egypt and Orange Egypt announced the signing of a renewal of the international telecom services agreement, which was signed in January 2015 for a period of four years. The new agreement will end in December 2022 and is expected to contribute cEGP 4bn to Telecom Egypt's top-line over the tenure of the agreement. It will also enable Orange Egypt to continue providing the best offers and international services to its customers.

Read more: Telecom Egypt and Orange consolidate their partnership with three agreements

Telecom Egypt and Etisalat Misr announced the signing of an amendment of the national roaming agreement sealed in June 2017. The amendment provides better financial and service quality terms availing improved commercial conditions for Telecom Egypt. The latter is a result of the development of the volume of Telecom Egypt's data traffic.

Read more: Telecom Egypt and Etisalat Misr collaborate on national roaming and mobile termination

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