Zain KSA achieved highest quarterly revenues exceeding SAR 2.5 billion, a notable 10% increase compared to the SAR 2.2 billion generated in the third quarter of the previous year, as well as recording SAR 285 million in net profit, a significant growth of 234% compared to the corresponding period in 2022.
stc Kuwait, a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, highlighted the most significant achievements and financial and operational performance in addition to the social initiatives made by the company during the first nine months of 2023.
du, from Emirates Integrated Telecommunications Company (EITC), has partnered with Ookla, a global leader in connectivity intelligence, to provide a superior customer experience with enhanced connectivity. Under the terms of the agreement, Ookla will offer du its end-to-end solutions, providing global insights on quality of service (QoS) and quality of experience (QoE), thus enabling du to make informed decisions toward network improvements. This partnership further solidifies du's dedication to providing world-class network performance for its customers.
The partnership aligns with du and TDRA’s strategic vision of empowering local talent, developing the ICT sector and driving the digital transformation of the UAE.
e& announced its consolidated financial results for Q3 2023 reporting consolidated revenues of AED 13.4 billion with a YoY increase of 3.3%, while consolidated net profit was AED 3 billion, a YoY increase of 20%.
Amdocs, a leading provider of software and services to communications and media companies, has been selected by etisalat by e&, the telecoms pillar of e& in the United Arab Emirates, and delivered the autonomous in-store retail experience for its customers in the Emirates.
du, from Emirates Integrated Telecommunication Company (EITC), reported a 57.7% increase in total net profit to AED 504 million ($137 million) and revenue growth of 3.7% to AED 3.3 billion for the third quarter of the year, as revenue grew on high demand for mobile and fixed services.
Emirates Integrated Telecommunications Company's (EITC) subsidiary, du, has taken a significant step by signing a Memorandum of Understanding (MoU) with Microsoft. This agreement is designed to revolutionize the digital landscape in the UAE by merging Microsoft's Azure cloud computing expertise with du's network capabilities. This collaboration, which was unveiled at GITEX Global 2023, will fuel innovation, and drive digital transformation for businesses, while delivering cutting-edge solutions in AI, sustainability, and cybersecurity.
stc announced the company’s preliminary financial results for the current year’s third quarter, ending September 30, 2023.
Vodafone Business and e&, following the announcement of their new strategic partnership in May, have now achieved a noteworthy milestone by securing their first significant joint customer. This demonstrates a substantial strengthening of their collaboration in the enterprise sector.
