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.
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%.
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%.
Arabian Internet and Communication Services Company (solutions by stc) announced its first annual financial results after its successful public listing on the Saudi exchange market in September 2021.
Ooredoo and Dell technologies are collaborating to support its development of next-generation digital infrastructure. Ooredoo aims to simplify operations, accelerate innovation and introduce new services to the market.
Ooredoo Group announced its overall financial results for 2021. The company’s financial highlights show positive growth across indicators, recording a solid full-year operational performance.
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.
Vodafone Qatar announced its financial results for full year 2021, showing a double-digit increase across indicators which reflects the company’s success in maintaining its growth trajectory.
Etihad Etisalat Company (Mobily) delivers the highest top-and-bottom-line levels since 2014, reaching SAR 14.8 billion of revenues and 1.1 billion of net income in 2021.
Etisalat Group has partnered with banking giant First Abu Dhabi Bank (FAB) and UAE conglomerates ADQ and Alpha Dhabi Holding to launch a new digital bank called ‘Wio’, the company has announced.
