The Public Investment Fund (PIF) and stc Group (stc) have signed a joint venture (JV) agreement to establish a new company, specializing in the Internet of Things (IoT), subject to satisfying the conditions in the JV agreement and obtaining the relevant approvals from the competent authorities. The company ownership will be 50% PIF and 50% stc and will be headquartered in Riyadh.

Read more: PIF, stc agree on 50-50% ownership of company for rapid IoT adoption in KSA

Etisalat UAE, part of e& (former Etisalat Group), in collaboration with Ericsson and Huawei, announced the successful deployment and testing of the first E2E live multi-vendor voice over new radio (VoNR) ecosystem worldwide. The launch marks an important milestone for the UAE’s digital transformation objectives.

Read more: e&, Ericsson, Huawei deploy first E2E live multi-vendor VoNR ecosystem

Maroc Telecom was awarded "Best in Test" in umlaut’s mobile and fixed broadband benchmark with an overall score of 836 points in mobile network benchmarking and 496 points in fixed broadband benchmarking.

Read more: Maroc Telecom grasps ‘Best in Test’ in umlaut’s mobile and fixed broadband benchmark

Cairo, 1st of April 2022 : Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, announces that EG-IX, the first open access internet exchange in Egypt, is live and available for customers as of today. The new Internet Exchange, powered by AMS-IX, is intended to enhance the digital experience of internet users in Egypt, Africa, and the Middle East.

Read more: Telecom Egypt and AMS-IX launch EG-IX, the first Open Access Internet Exchange in Cairo, Egypt

The e& led consortium consisting of E-Vision, a part of e& life, and ADQ, an Abu Dhabi-based investment and holding company, announced the signing of a binding agreement to acquire a majority equity stake of circa 57% in STARZPLAY ARABIA, a leading subscription video on demand (SVOD) and streaming service provider in MENA.

Read more: e&’s E-Vision, ADQ acquire 57% stake in MENA’s leading SVOD provider

MTN GlobalConnect has significantly advanced its position as a leader in Pan-African fibre networks and platforms with strong 2021 results. On a mission to expand African connectivity and leading the journey is CEO Frédéric Schepens, who remains compelled and driven to create both social and economic benefits in Africa. Telecom Review Africa has spoken with Fred to dig deeper and capture the story behind MTN GlobalConnect’s performance.

Read more: MTN GlobalConnect's 2021 strong performance in action

e& approaches Etihad Etisalat (Mobily) to discuss increasing its shareholding in the Saudi Arabia-based telco to 50% plus one share. This can be done by means of a preconditional partial tender offer, pursuant to the M&A regulations issued by the Kingdom’s capital market authority (CMA).

Read more: e& initiates discussion to increase shares in Mobily

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