Telecom Operators

Zain Group announces the creation of Zain Ventures and its Memorandum of Understanding (MoU) with both Pipe and Swvl to support growth across Zain’s regional footprint and beyond.

Infinet Wireless, the global leader in fixed wireless broadband connectivity, provided its solutions to Muscat Overseas Group, a company which actively supports and promotes the Sultanate of Oman’s economic activities. Infinet Wireless products were chosen to build up a back-up infrastructure to lend support for the technical department. After having Infinet Wireless solutions deployed and observing their operation, the client saw all the benefits, improving user experience and have all the necessary data backed-up.

Etisalat announced the launch of its first-ever virtual ‘Digital Summer Camp’ designed to equip the children of Etisalat employees with necessary skills in science, technology, engineering, and math (STEM) disciplines.

Integrated Mobile Telecom Co. Ltd signed an agreement with Zain KSA to benefit from Zain KSA’s expansive network infrastructure in order to provide mobile telecommunications services to its customers. Integrated Mobile Telecom Co. Ltd has recently been licensed as a Mobile Virtual Network Operator (MVNO) by the Communications and Information Technology Commission (CITC).

Etisalat Group has announced its consolidated financial results for H1 ending 30th June 2021.

Ooredoo won Ookla’s Kuwait Speedtest Awards for mobile network speed during the first and second quarter of 2021. As per the conducted tests, Ooredoo achieved a speed score of 79.47, with average download speeds of 108.05 Mbps and average upload speeds of 25.34 Mbps.

Ooredoo Group announced the results for the half year ended 30 June 2021. First half 2021 revenue stood at QAR 14.5 billion, an increase of 3% compared to the same period last year, mainly driven by growth in the operator’s operations in Qatar, Indonesia, and Tunisia. Excluding FX impact, revenue increased by 5%.

Vodafone Qatar announced its financial results for the first six months of 2021. Compared to H1 2020, the company has made significant growth in H1 2021, particularly in the achieved net profit of QR 134 million — 65.5% increase.

After recent Board of directors meetings of its subsidiaries and in agreement with its local partners, Orange declared that it is appointing three new CEOs for three of its subsidiaries in Africa and the Middle East:

For the first six months of 2021, Zain Group generated a net income of KD 86 million (USD 285 million), up 5% Y-o-Y, reflecting earnings per share of 20 fils (USD 0.07). During the second quarter alone, the net income amounted to KD 41 million (USD 138 million), up 17% Y-o-Y.