Etisalat Group recently signed a $505 million agreement to acquire the 8.7% stake of the Abu Dhabi Fund For Development in Etisalat Investment North Africa LLC (EINA). This eventually increases Etisalat’s ownership of EINA to 100% as well as its ownership of Maroc Telecom Group from 48.4% to 53.0%.
In line with the Telecommunications and Digital Government Regulatory Authority’s (TDRA) announcement on 2G network gradually being switched off by the end of 2022, Etisalat assures all customers that it will continue to support this transition and modernisation of the network.
stc’s 2nd sustainability report revealed that spending on local content has increased to more than 18 billion Riyals (US$4.8 billion). This is in line with the group’s aim to achieve sustainability and create a positive environmental impact by supporting community development through the digital transformation process in the Kingdom. stc sponsors 292 projects that address environmental and social issues.
Telecom Egypt posted net profit of 3.9 billion Egyptian pounds ($249.20 million) for the first half of 2021, up 88% from the same period last year, as a result of a strong operational performance, growth in investment income from Vodafone, and FX gains, according to a company statement.
Etisalat announced that the latest Samsung Galaxy Z Series is now available for pre-order across the UAE until September 9, 2021. In addition, consumers who pre-order can avail of valuable offers as part of the pre-launch promotion. Comprising the Galaxy Z Fold3 5G and Galaxy Z Flip3 5G, the brand’s next-generation flagships fuse world-class design and engineering with cutting-edge technology and features to welcome consumers to a brand new chapter in mobile innovation.
Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), and du, from Emirates Integrated Telecommunications Company (EITC), made a strategic partnership to implement the region’s first industrial and private 5G slicing through a 5G standalone (SA) technology.
Etisalat Group announces the appointment of Mr. Masood M. Sharif Mahmood as Etisalat UAE operations chief executive officer (CEO), effective from August 29, 2021.
stc has been named Speedtest Award Winner for mobile network speed and best coverage during Q1-Q2 2021, achieving Speed Score of 111.74 and coverage Score of 842 by Ookla, the global leader in the mobile network, internet, and data testing and analysis, and provider of accurate and reliable reports on performance and coverage of global networks.
Ooredoo Qatar’s new whitepaper entitled ‘Device and Operational Support: The Overlooked Components for Successful IoT Deployment’ highlights how businesses can increase operational efficiency and enhance products, solutions, and customer engagement.
stc announced the company’s preliminary financial results for the period ending at 30 June 2021.
