Etisalat UAE, branded as etisalat by e&, announced the successful deployment and testing of 5G Portable Private Network MEC (Multi-access Edge Computing) functionality as part of a collaboration with global ICT leader Huawei Technologies.
Zain KSA Completes First Phase of Tower Infrastructure Sale and Leaseback
Zain KSA announces the completion of the first phase of the sale and leaseback of its passive physical tower infrastructure to Golden Lattice Investment Company (GLIC), an entity owned by the Public Investment Fund (PIF), His Highness Prince Saud bin Fahd bin Abdulaziz and the Sultan Holding Company. The acquisition process entails the transfer of the infrastructure of at least 3,000 telecom tower assets out of 8,069 towers, with the acquisition of the remaining towers to be completed over the next 18 months. The total value of the transaction is SAR 3.03 billion, with Zain KSA receiving a cash amount of SAR 2.4 billion and acquiring 20% via in-kind contribution stake in GLIC. Upon completion, the deal is expected to generate up to SAR 1.1 billion in financial impact.
Zain and TASC Towers Finalize Sale and Leaseback of 4,968 Towers in Iraq
Zain Group has announced that its operation in Iraq has entered into a definite 15-year agreement with TASC Towers Iraq for the sale and leaseback of, as well as the management rights to, the passive physical infrastructure of its 4,968 tower portfolio in Iraq for US$180 million.
Sheikh Ali Bin Jabor Al Thani Appointed as New Ooredoo Qatar CEO
Ooredoo Group has announced the appointment of Sheikh Ali Bin Jabor Al Thani as the new Chief Executive Officer of Ooredoo Qatar.
du Continues Empowering Emirati Talent
Fahad Al Hassawi, CEO at du, Emirates Integrated Telecommunication Company (EITC), welcomed 25 new Emirati employees, including 12 recent graduates, as the digital-first telco continues to invest in young talent to support its future growth. With its Emiratization rate currently at 40.3%, du started the recruitment process in the last quarter of 2022 as part of its journey to becoming the employer of choice for emerging UAE national talent.
stc pay Appoints Nizar Abdulaziz Altwaijri as CEO
stc pay’s Board of Directors announced the appointment of Nizar Abdulaziz Altwaijri as CEO of stc pay, starting from Sunday, January 1, 2023.
stc Kuwait Completes Comprehensive ISO Certification
Kuwait Telecommunications Company – stc, a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, has successfully completed a certification exercise for its Quality Management System (ISO 9001:2015), in addition to a surveillance audit of its existing Information Security Management System (ISO 27001:2013) and Business Continuity Management System (ISO 22301:2019).
stc’s Success Story Signifies Regional Development and Expansion
With a market value of more than 187 billion riyals, stc Group has transformed from a company that merely provides communication and internet services to a digital enabler that is considered the most prominent in the Middle East region. The comprehensive strategy launched by the Group had the superlative role in endorsing digital transformation in the Gulf region as it sought to diversify investment opportunities.
Head of TRA Visits Ooredoo Oman HQ, Recognizes Future-Ready Operations
His Excellency Omar Al Ismaily, head of the Telecommunications Regulatory Authority (TRA) in Oman, paid an official visit to Ooredoo’s head office during the tour of the award-winning contact center. His Excellency gained new insights into the company’s future-ready and holistic approach to digital transformation and customer experience as he visited several departments. There was also a look into the company’s data center concepts and how these provide cutting-edge technology and solutions for the country.
e& Concludes Fourth Cohort of AI Graduate Programme
e& (formerly known as Etisalat Group) has successfully concluded the fourth cohort of the AI Graduate Programme, which aims to invest in the UAE's future leaders and enables graduates to build their capabilities in emerging technologies and leadership skills to help lead the country's digital future.