Telecom Egypt has announced its Q3 2024 financial results, highlighting strong revenue growth and operational resilience despite challenging market conditions.
Telecom Operators
Zain KSA Unlocks New 5G Horizons with Low-Band Spectrum
Zain KSA, a leading telecom and digital services provider in Saudi Arabia, has announced the acquisition of a new 600 MHz spectrum band, one of the most widely adopted bands for 5G standalone (5G SA) mobile services. This milestone was achieved through the spectrum auction conducted by the Communications, Space, and Technology Commission (CST) on November 11-12, 2024.
Khalid Murshed Set to Lead e& enterprise's Next Chapter
As part of e&’s endeavors to empower its talents and best utilize their capabilities in different aspects of its business, Khalid Murshed is stepping up as the new CEO of e& enterprise, effective from January 1, 2025. He will be replacing Salvador Anglada who has been appointed as an Advisor to e& Group.
Omantel Revamps All Retail Outlets
In a strategic move to support promising digital startups, Omantel has signed a partnership agreement with the "Musalih" platform to provide maintenance services for over 67 Omantel retail outlets across various regions of Oman, employing skilled Omani talent through the platform.
du Bags Prestigious ESG Label for Sustainable Telecom Operations
du, the leading telecom and digital services provider, has been honored with the Environmental, Social, and Governance (ESG) Label by the Dubai Chamber of Commerce in recognition of its commitment to integrating and leading sustainable business practices across the region.
Ooredoo Oman Officially Launches Sohar Data Center
Telecom operator, Ooredoo Oman, has officially launched its new data center in Sohar in an effort to address the growing demands for secure, scalable, and efficient data services in Oman.
Saudi Operators Acquire Key Spectrum for 5G and Digital Innovation
stc Group, Mobily, and Zain KSA have acquired new spectrum for mobile telecommunications networks in the following low-band frequencies: 600 MHz, 700 MHz, and 3800 MHz.
du’s Innovative Resource Management Drives Ecological Progress in the UAE
du, the leading telecom and digital services provider, has announced a new initiative to recycle all spent lead acid batteries from its operations in partnership with Dubatt Battery Recycling.
Zain Group Q3 and 9M 2024 Revenue Reaches 15-Year High
Zain Group announced its consolidated financial results for the third quarter (Q3) and nine-month (9M) period ending 30 September 2024, serving 47.2 million customers.
stc Group Drives Saudi Arabia’s Digital Future, Delivering Highest-Ever Q3 Results
stc Group announced its financial results for the third quarter of 2024, achieving both its highest nine-month revenues and revenues to date. The company’s revenue increased by 3.92% YoY, reaching SAR 56.627 billion while net profit for the period reached 11.233 billion, reflecting an increase of 11.9%.