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  SAMENA Daily - Industry News Briefing

 
 
 
 
SAMENA Telecommunications Council - Logo Industry News Briefing
November 1, 2022
 
 
 
 
 
 
 
 
Featured Member News
 
e& reports consolidated net profit of AED 2.5bn for Q3 2022, up 1.9 percent
 
 
Hatem Dowidar, Group CEO of e&, said: “e&’s performance in Q3 2022 reflects our unwavering commitment to accomplishing more for the benefit of our customers, shareholders and the communities we serve. We are focusing our efforts on adopting flexible and agile business models that fuel our growth through innovation and creating new value propositions...
 
KD 249.4 million stc’s revenue for the first nine months of 2022 with KD 24.3 net profit
Kuwait Telecommunications Company (stc), a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financial results for the nine-month period ended 30 September 2022, highlighting the most significant achievements, financial and operational performance in addition to the social initiatives made by the company during the first nine months of 2022...
 
 
 
Member News
 
•  Zain ranked Best Employer in Kuwait and among top-10 companies to work for in Middle East by Forbes
Member Logo Zain Group, a leading mobile technology innovator in seven market across the Middle East and Africa was included in the global list of "Best Employers" compiled by the renowned Forbes magazine. Zain was identified as the...
 
•  Omantel, Huawei sign MoU to tap opportunities for accelerating Cloud Adoption in Oman
Member Logo As part of their strategic cooperation, Omantel and Huawei will come together to conduct market insight analysis of Cloud Business in Oman. The two companies will also join hands to identify cutting-edge services that can...
 
•  Tech Mahindra Q2’23 revenue up 20.7% YoY
Member Logo Tech Mahindra Ltd., a specialist in digital transformation, consulting and business re-engineering services announced the audited consolidated financial results for its quarter ended September 30th, 2022...
 
 
 
 
 
 
 
 
 
Policy and Regulation
 
Ooredoo joins Telecommunication Regulatory Authority’s consumer protection campaign
The participation came as part of the pioneering company's commitment to upgrade its customers' experience and support Ooredoo’s digital transformation journey in line with the objectives set for Oman’s...
 
Jordan partakes in Postal Union Meetings in Switzerland
Jordan’s Telecommunications Regulatory Commission (TRC) has concluded its participation in the meetings of the Universal Postal Union's (UPU) Board of Directors in Switzerland...
 
North Africa
 
Egyptian startup MoneyFellows closes US$31 million in Series B round
Money Fellows is a mobile-based platform that digitalizes money circles, also referred to as Rotating Savings and Credit Associations (ROSCAs), which are popularly referred to as “Gameya” in Egypt...
 
3G, 4G and 5G Networks
 
Xcel Energy signs up with Anterix for private LTE
Xcel Energy plans to use the spectrum to deploy a private LTE network to support its grid modernization initiatives for the benefit of its 3.7 million electricity customers and 2.1 million natural gas customers...
 
Telefonica, Vodafone exceed their 5G coverage targets
Telefonica Deutschland, which provides services under the brand name O2, has announced that its 5G network now reaches 75% of the population via more than 18,000 antennas...
 
Content & Immersive Technologies
 
Samsung Wallet is rolling out in another European country
Samsung Wallet is now available for Galaxy users in Switzerland. The company announced that the new integrated solution for all things digital will be available to all eligible users in the country through a staged rollout...
 
Viaplay goes live in the UK
Viaplay is now available in the UK market with an interesting mix of Nordic drama and European football...
 
Satellite & Internet
 
Kacific in pact to provide Tonga with resilient satellite services
Kacific Broadband Satellites has installed resilient infrastructure for Tonga’s state-owned telecoms company, to make connections more secure after this year’s volcano...
 
Dhiraagu fiber broadband reaches 98 islands
Dhivehi Raajjeyge Gulhun (Dhiraagu), the Maldives’ incumbent telecoms operator, has announced the expansion of its fiber broadband service to the islands of Kudarikilu and Hithaadhoo, situated in Baa Atoll...
 
 
Middle East
 
Aramco, IBM set to establish a center for digital innovation in Kingdom
Saudi Aramco and IBM, enlisted in New York bourse, announced plans that they are determined to give priority to establish a global center for digital innovation in the Kingdom...
 
GBI diversifies North Route through Iraq, enhancing Smart Network
Global cloud, connectivity and content enabler Gulf Bridge International (GBI) has announced an update to the North Route of its subsea cable meshed Smart Network, improving route diversification and enhancing the resilience...
 
The EU and Orange Jordan launch the first of a kind “Innovation Hub”
The European Union (EU) and Orange Jordan inaugurated the “Innovation Hub” in Orange Digital Village, as part of the “Innovation Space”, a three-year project co-funded by the European Union’s...
 
Siemens partners with OTE Group to support roll out of eMobility solutions in Oman
Global technology powerhouse Siemens is partnering with OTE Group in the delivery of its industry-leading electric vehicle (EV) chargers to help accelerate the Sultanate’s adoption of EVs and its transition to a...
 
South Asia
 
Pakistan earns US$426 million from IT services export in 2 months
Pakistan earned US$426.070 million by providing different information technology (IT) services in various countries during the first two months of the current fiscal year 2022-23...
 
HUTCH reaffirms commitment towards Sri Lanka
Hutchison Telecommunications Lanka (Pvt) Ltd. (HUTCH) reaffirms its commitment towards bridging the connectivity divide in Sri Lanka, by empowering the nation with high quality mobile broadband experiences and affordable...
 
Global Telecom Update
 
Unitel now owned by the Angolan state
Angolan President President Joao Lourenco has issued a decision finalising the transfer of ownership stakes in mobile market leader Unitel from private companies Vidatel and Geni to the state – effectively...
 
Cloudflare democratizes spoof-proof security
Cloudflare customers will be able to purchase Yubico’s security keys, the leading hardware security keys and most secure form of phishing-resistant multi-factor authentication (MFA), at an exclusive ‘good for the...
 
 
 
 
 
 
 
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Disclaimer: Information contained herein has been obtained from sources, which we deem reliable. SAMENA Telecommunications Council is not liable for any misinformed decisions that the reader may reach by being solely reliant on information contained herein. Expert advice should be sought.
 
 
 
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