Virgin Mobile Saudi Arabia, has been recognized as the ‘Digital Mobile Virtual Network Operator (MVNO) of the year’ at the MVNO World Congress 2022. Virgin Mobile Saudi Arabia was commended for its operational achievements, innovation, and excellence within the industry.
Emirates Telecommunications Group Company PJSC “e&” (Etisalat Group) announced that it has acquired approximately 2,766 million shares in Vodafone Group Plc, representing 9.8% of Vodafone’s issued share capital (excluding treasury shares) for purchase cost of circa USD 4.4 billion. e& has made the investment in Vodafone to gain significant exposure to a world leader in connectivity and digital services.
Ooredoo 5G indoor internet, with superfast speeds up to 1 Gbps, will enable the Royal Opera House Muscat to deliver new interactive experiences.
Zain KSA has signed an MoU with the University of Tabuk during the International Conference and Exhibition for Education (ICEE) to support collaboration and channel deeper expertise to encourage education and empower youth in the field of information and communication technology (ICT). The MoU serves the national strategic goals of developing human capabilities to keep pace with the Kingdom’s digital transformation and unlocking more employment opportunities for the youth of Saudi.
du, from Emirates Integrated Telecommunications Company (EITC), celebrates World Environment Day by implementing multiple initiatives to encourage employees to be environmentally cautious and support the transformation towards a more sustainable society.
Saudi telecom provider, stc, reported a net profit after Zakat and tax of SAR 3.035 billion for the first quarter of 2022, up 3% from SAR 2.952 billion in the year-ago period.
The first MVNO in Kuwait, Virgin Mobile Kuwait, has been officially launched, over a year after it received its approved operating license from the Communication and Information Technology Regulatory Authority (CITRA).
Emirates Integrated Telecommunications Company PJSC, EITC, also known as du, announced its financial results for the first quarter of 2022. Revenues grew by 8.5% to AED 3.1 billion on sustained demand for broadband and mobile services while net profit jumped 21% to AED 311 million.
Etisalat Misr, a subsidiary of e&, entered the Egyptian market and commercially launched in May 2007, across Africa, the Middle East, and Asia. With a series of successes, this company was the first operator to present a 3.5G high-quality service, and also the first to introduce 4G services to its clients, without needing to replace their SIM cards to activate it. This is in addition to the continuous improvement of its network. This year marks the company’s 15th anniversary, “it is important to focus on the future by enhancing our adaptability to change, oftentimes very quickly, and tapping on our assets and resources to continue to grow,” said Khaled Hijazi, CBO, Etisalat Misr.
Ooredoo Group announced its financial results for the quarter ended 31 March 2022. Revenue for the quarter ended 31 March 2022 stood at QAR 5.5 billion, a decrease of 23% compared to the same period last year. Excluding Indosat Ooredoo, revenues increased by 4%.