Telecom Operators

Telecom operator, Ooredoo Oman, has officially launched its new data center in Sohar in an effort to address the growing demands for secure, scalable, and efficient data services in Oman.

UAE-based telecom operator, e& international, signed a Memorandum of Understanding (MoU) with global technology leaders, including Huawei, Ericsson, Nokia, and Intel, to establish autonomous mobile networks, revolutionizing the telecommunications landscape using artificial intelligence (AI).

du, the leading telecom and digital services provider, has announced a new initiative to recycle all spent lead acid batteries from its operations in partnership with Dubatt Battery Recycling.

Zain KSA has announced its financial results for the first nine months of 2024, achieving a total revenue of SAR 7.7 billion, indicating a 4.5% year-on-year (YoY) growth. Net profit over the period amounted to SAR 322 million, indicating a 33% increase compared to the corresponding 2023 period, excluding its tower sales earnings.

stc Group announced its financial results for the third quarter of 2024, achieving both its highest nine-month revenues and revenues to date. The company’s revenue increased by 3.92% YoY, reaching SAR 56.627 billion while net profit for the period reached 11.233 billion, reflecting an increase of 11.9%.

du announced its financial results for the third quarter of 2024, boasting a stellar top line growth of 9.1%, revenues of AED 3.6 billion, and robust EBITDA growth of 16.9% to AED 1.7 billion.

Ooredoo Group delivered a robust performance during the third quarter of 2024, displaying growth across most key financial metrics.

Etihad Etisalat Company (Mobily), a leading Saudi Arabian telecommunications services provider, has announced its financial results for Q3 2024, demonstrating continued strategic achievements and sustained growth.

e& announced its Q3 2024 consolidated financial results, reporting consolidated revenue of AED 14.4 billion, growing 10% year-over-year (YoY) in constant currency, while consolidated revenues for the first nine months of year 2024 reached AED 42.7 billion, growing 9% YoY, reflecting continued growth across most verticals.

Kuwait Telecommunication Company (stc) has released impressive financial results for the third quarter of 2024, achieving a revenue of KWD 261.8 million, demonstrating a growth rate of 0.8% compared to the same period last year.