Zain Group announced its consolidated financial results for the full-year 2023, recording a consolidated revenue of KD 1.9 billion (USD 6.2 billion), a YoY increase of 10%. Consolidated EBITDA for the period increased by 5% YoY, reaching KD 705 million (USD 2.3 billion), reflecting an EBITDA margin of 37%. Consolidated net income reached KD 215 million (USD 701 million), up 10% YoY, reflecting earnings per share of 50 fils (USD 0.16).

Read more: Zain Group’s FY23: Momentous Year With Strong Operational, Financial Performance

In the heart of the Kingdom of Saudi Arabia, stc is embarking on a transformative journey, propelled by a vision to revolutionize telecommunications. With a bold commitment to advancing 5G technology, stc is redefining connectivity and digital experiences for its customers, aligning closely with the nation's ambitious Vision 2030 digital transformation strategy.

Read more: stc's Journey: Pioneering Innovations in Telecom with 5G Advancements

Eng. Hatem Dowidar, Group CEO, e& received the “Global Merit Leader CEO of the Year 2023 - Operator” award as part of the recently concluded 17th edition of Telecom Review Leaders’ Summit where the Telecom Review Group ranked exceptional global and regional companies, including e& Group, for their innovative initiatives and influential contributions throughout 2023.

Read more: e& Group CEO Honored as ‘Global Merit Leader CEO of the Year 2023 – Operator’

Salam, recognized as the fastest-growing and most innovative telecommunications brand in Saudi Arabia, celebrated by announcing its strategic involvement in LEAP 2024. Positioned as a key sponsor, Salam will showcase its leadership in driving digital transformation within the Kingdom at stand No. H1.K80 in the main hall of the Riyadh Exhibition and Convention Center.

Read more: Salam's Strategic Insights Unveiled at LEAP 2024

du, commercially rebranded from Emirates Integrated Telecommunications Company (EITC), announced a new partnership with Amazon Web Services (AWS) at the Mobile World Congress 2024 (MWC) in Barcelona, to drive cloud adoption for enterprises and government agencies in the UAE.

Read more: du and AWS to Build a ‘Cloud Center of Excellence’ in the UAE

Salam, acclaimed as the fastest growing and most innovative Saudi telecommunications brand, is proud to announce its strategic sponsorship of LEAP 2024. This landmark event, taking place at the Riyadh Exhibition and Convention Center from March 4-7, 2024, and known as the ‘Digital Davos,’ represents the zenith of global tech gatherings.

Read more: Salam Leads the Way at LEAP 2024 with a 'Human Inspired, Business Focused' Vision for Digital...

du and Huawei have entered into a memorandum of understanding (MOU), outlining a collaborative strategic partnership aimed at spearheading the digital transformation of the UAE. Together, they aim to pioneer a 5G-Advanced project across the country, setting a benchmark for 5G-Advanced commercial networks not only in the Middle East but also globally.

Read more: MWC24: du Commits to Building UAE as 5G-Advanced Country

e& has made a commitment to the International Telecommunication Union’s (ITU) Partner2Connect Digital Coalition. In an announcement at the Mobile World Congress (MWC) Barcelona 2024, e& pledged to invest USD 6 billion between 2024-2026 in technological advancement, infrastructure development, and innovative digital solutions to extend meaningful connectivity to everyone. This investment is set to provide accessible and affordable network connectivity and digital services across its 16 operating countries in Africa, Asia, and the Middle East.

Read more: e& Commits USD 6 Billion To Enhance Connectivity Across 16 Nations

e& UAE has officially signed a Memorandum of Understanding (MOU) with Huawei to deliver a high-quality gigabit experience to the UAE at the Mobile World Congress (MWC) in Barcelona. With a focus on the next generation of 5G-Advanced and 50GPON networks, the collaboration between e& UAE and Huawei signals the onset of the intelligent 10 Giga Experience, reaching up to 10 Gbps for mobile and up to 50 Gbps for fixed users across the UAE.

Read more: MWC24: e& UAE Sets Stage for Intelligent 10 Giga Experience

More Articles ...