Telecom Operators

du, from Emirates Integrated Telecommunications Company (EITC), and Dubai Silicon Oasis, the special economic zone for knowledge and innovation and a member of the Dubai Integrated Economic Zones Authority (DIEZ), have announced their partnership to expand the smart services offered at Dubai Digital Park. This collaboration aims to contribute to Dubai Digital Park’s status as Dubai’s first integrated smart city and enable a transformative digital experience for its residents, visitors and employees.

du, from Emirates Integrated Telecommunication Company (EITC), reported a 57.7% increase in total net profit to AED 504 million ($137 million) and revenue growth of 3.7% to AED 3.3 billion for the third quarter of the year, as revenue grew on high demand for mobile and fixed services.

The UAE’s telecom operators announced receiving the new Royalty Guidelines for the telecommunications sector from the Ministry of Finance. This included details of the new Telecom Federal Royalty Regime, applicable from 2024-2026 in the context of the new corporate tax regime.

stc announced the company’s preliminary financial results for the current year’s third quarter, ending September 30, 2023.

Zain KSA achieved highest quarterly revenues exceeding SAR 2.5 billion, a notable 10% increase compared to the SAR 2.2 billion generated in the third quarter of the previous year, as well as recording SAR 285 million in net profit, a significant growth of 234% compared to the corresponding period in 2022.

stc Kuwait, a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, highlighted the most significant achievements and financial and operational performance in addition to the social initiatives made by the company during the first nine months of 2023.

du, from Emirates Integrated Telecommunications Company (EITC), has partnered with Ookla, a global leader in connectivity intelligence, to provide a superior customer experience with enhanced connectivity. Under the terms of the agreement, Ookla will offer du its end-to-end solutions, providing global insights on quality of service (QoS) and quality of experience (QoE), thus enabling du to make informed decisions toward network improvements. This partnership further solidifies du's dedication to providing world-class network performance for its customers.

The partnership aligns with du and TDRA’s strategic vision of empowering local talent, developing the ICT sector and driving the digital transformation of the UAE.

e& announced its consolidated financial results for Q3 2023 reporting consolidated revenues of AED 13.4 billion with a YoY increase of 3.3%, while consolidated net profit was AED 3 billion, a YoY increase of 20%.

Amdocs, a leading provider of software and services to communications and media companies, has been selected by etisalat by e&, the telecoms pillar of e& in the United Arab Emirates, and delivered the autonomous in-store retail experience for its customers in the Emirates.