stc announced its annual consolidated financial results for 2021 . Financial highlights include total revenues reaching to SAR 63.4 billion, a YoY increase of 7.6%; the operating profit reaching to SAR 13.1 billion, a YoY increase of 3.1%; and EBITDA reaching SAR 22.8 billion, a YoY increase of 3.4%.

Read more: stc achieves positive overall 2021 results, revenue increased by 7.6%

Following the announcement of e&’s transformation as a global technology conglomerate, H.E. Jassem Mohamed Bu Ataba Alzaabi, chairman of e&, highlighted that the Group’s strong financial performance and stellar business results across the markets where it operates have placed it on solid footing, starting a new chapter of success.

Read more: e& transformation into a global company backed by strong financial performance

e&, previously Etisalat Group, announced its consolidated financial results for the full year 2021. 3.2% YoY increase was observed across its consolidated net profit, revenue, and earnings per share, with increased foreign ownership limit in share capital from 20% to 49%.

Read more: e& 2021 consolidated revenue hits AED 53.3 billion, 3.2% YoY increase

Virgin Mobile UAE is the first telecom brand in the country to introduce new biodegradable SIM cards.  The move is in line with the UAE’s vision to create a vibrant new green economy that will offer the world a unique model for sustainable development.

Read more: Virgin Mobile unveils UAE’s first eco-friendly SIMs

Cairo, 22 February 2022: Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, announced that it is extending its reach through the Southeast Asia-Middle East-Western Europe 6 (SEA-ME-WE 6) subsea cable, as part of the cable’s consortium. The new cable will cross Egypt over the company’s distinctive infrastructure through trans-Egypt’s new geo diversified crossings and landing points from the other cables in the SEA-ME-WE family.

Read more: Telecom Egypt extends its network reach through SEA-ME-WE 6 cable and provides it a unique...

Orange Group reveals the financial results of full-year 2021, with 42.5 billion euros worth of revenues, up by 0.8%. This is driven by the solid performance of the Middle East and Africa (MEA) region at 10.6% and a strong increase in equipment sales at 8.5%.

Read more: Orange’s FY 2021, driven by solid performance in MEA

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