Saudi Telecom Company (STC) reported an annual net profit increase of 14.3% compared to the previous year, for the period ending 31 December 2017, to reach SR 10,174m. Gross profit for the year reached SR 29,555m, an increase of 3% compared to the previous year. STC CEO Dr. Khaled Biyari touted the company's cost optimization initiatives and the shift in its strategy with a clear focus towards digitization.

Read more: STC publishes strong results despite lift on VoIP

UAE telecom provider Etisalat announced it will exclusively offer the 'Circle with Disney' parental control device for all customers in UAE. This exclusivity was a result of Etisalat's partnership with Circle Media Labs, a leading developer of products used by families to manage all their connected devices.

Read more: Etisalat to exclusively offer parental control device for UAE customers

Sparkle, the international service arm of TIM Group and among top 10 global operators, and Aldea Solutions Inc., a leading global provider of high quality video services and solutions for the television and media industries, have released a new solution that provides media companies in Europe, Africa and Middle East with access to a multitude of rich video media content, including major global sporting events.

Read more: Sparkle and Aldea launch new media services for EMEA region

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