Virgin Mobile Saudi Arabia have announced the signing of a strategic agent banking agreement with The Saudi Investment Bank (SAIB). The partnership aims on expanding banking services and products, enabling mobile financial services and has been endorsed by the Saudi Arabian Monetary Agency (SAMA) and under its related rules.
Telecom Egypt announced its 2021 guidance, in line with three main KPIs: Mid-to-high single digit revenue growth, EBITDA margin in the early thirties and in-service CapEx-to-sales ratio in the late twenties, excluding spectrum.
Adel Hamed, managing director and chief executive officer, commented, “Our 2021 guidance reflects our expectations of another year of outstanding operational and financial performance, which will continue to support the company in its vision of becoming the leading ICT provider in the market, and transforming Egypt into a premium digital hub.
Ooredoo Group which has chosen Ericsson as its partner for the supply of 5G radio, core and transport products and solutions, as well as related implementation and integration services for all 10 of the Group’s operating companies in Qatar, Indonesia, Algeria, Iraq, Kuwait, Oman, Palestine, Tunisia, Myanmar and Maldives.
Etisalat Digital and First Abu Dhabi Bank (FAB) announced a strategic partnership to deploy a cloud-based IoT Smart Building solution, providing FAB ‘anytime anywhere’ access and ease of operations across its entire portfolio.
The Minister of Communications and Information Technology Amr Talaat has witnessed the signing of three agreements between the National Telecom Regulatory Authority (NTRA), Vodafone Egypt, Telecom Egypt and Etisalat Misr, for allocating new frequencies in the 2600 MHz band, after completing the organizational procedures to reach the optimal frequency allocation, to leverage these frequencies and improve service quality.
In presence of HRH prince Mohammed bin Khaled Abdulla Al-Faisal, stc has announced launching 3 Mega Data Centers in Riyadh, Jeddah and Al-Madina, with SAR 1 billion investment. They aim to host telecommunications equipment and digital cloud infrastructure, offering higher availability, more flexibility and faster time to the customer. stc adopted Next Generation build technology through modular and prefabricated solutions, affirming business continuity and service uptime. It also enables stc to optimize future expansions with Grow-On-Demand technology and Quick-To-Market solutions.
Zain Group, a leading mobile telecom innovator in seven markets across the Middle East and North Africa announces that Tamam Financing Company (Tamam), the financial technology (fintech) subsidiary of its operation in Saudi Arabia has been officially licensed by the Saudi Central Bank (SAMA) to provide micro-financing services to consumers across the Kingdom.
stc in collaboration with its partners stc Solutions and Altiostar, becomes the first operator in the MENA region to run live ORAN session’s. ORAN is a revolutionary technology that promises to change the landscape of wireless service offering. ORAN runs on virtualized and modular software cloud-based technologies, delivering solutions in a quick and efficient manner.
Etisalat announced its partnership with Aruba, a Hewlett Packard Enterprise company, to provide Managed Wi-Fi and networking solutions to its customers in the UAE embedded with advanced analytics across the retail, healthcare, and hospitality verticals.
stc announced another milestone in its 5G commercial network development, demonstrating New Radio (NR) with 8 carrier aggregation (CA) using Nokia advanced mmWave technology and on a single Qualcomm 5G chipset. The company established the 5G Non-standalone (NSA) data call by aggregating 8CC x100MHz on mmWave spectrum (26Ghz) on live network conditions in Makkah City.