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  SAMENA Daily - Industry News Briefing

 
 
 
 
SAMENA Telecommunications Council - Logo Industry News Briefing
October 31, 2024
 
 
 
 
 
 
Featured Member News
 
e& announces Q3 2024 earnings with consolidated revenue growth of 10% to AED 14.4 billion
 
 
e& announced its Q3 2024 consolidated financial results, reporting consolidated revenue of AED 14.4 billion, growing 10 per cent year-over-year in constant currency, while consolidated revenues for the first nine months of year 2024 recorded AED 42.7 billion, growing 9 per cent YoY, reflecting continued growth across most verticals...
 
 
 
Member News
 
•  stc Group announces collaboration agreements under the Sustainability Champions Program at FII8
Member Logo stc Group, a leading digital enabler and strategic partner of FII8, announced three companies that are joining forces with the Group as part of the Sustainability Champions program at the 8th Edition of FII in Riyadh...
 
•  Cisco unveils plug-and-play AI solutions, accelerating AI adoption for the enterprise
Member Logo Cisco has announced new additions to its data center infrastructure portfolio: an AI server family purpose-built for GPU-intensive AI workloads with NVIDIA accelerated computing, and AI PODs to simplify and de-risk AI...
 
•  Nokia and Viettel roll out high-capacity optical network after achieving 1.2Tb/s optics transmission speed record in Vietnam
Member Logo Nokia has announced that Vietnam’s largest service provider, Viettel will use its optical transport solution to cost-effectively address the ever-growing demand for 5G and Data Center Interconnect (DCI), consumer data...
 
•  Global MBBF 2024: Accelerating 5.5G and AI convergence to lead the mobile AI era
Member Logo The Global Mobile Broadband Forum 2024 (MBBF 2024) has kicked off in Istanbul, Türkiye with the theme "5.5G Leads Mobile AI Era". More than 1,000 guests from mobile network carriers, ecosystem players, and leaders from...
 
 
Recent Developments
 
•  e& UAE and Microsoft unveil AI-powered solutions for SMBs
 
•  Ooredoo Kuwait Group reported solid revenue growth of 8% to KWD 527 million for nine-month period ended 30 September 2024
 
•  e& enterprise in partnership with World Wide Generation signs sustainability fintech agreement with Commercial Bank International
 
•  Omantel launches ‘AI Media Skills Development Initiative’ for 200 media professionals
 
 
 
 
 
 
 
 
 
 
Policy and Regulation
 
ITU Global Innovation Forum identifies ways to enhance digital innovation
The suggested approaches, focusing on critical factors from expanding collaboration to attracting investment, are meant to spur sustainable economic growth and find solutions to pressing societal challenges through...
 
North Africa
 
Moroccan Panafsat partners with Thales Alenia Space to launch satellite communications system for Africa
Moroccan Panafsat company is set to deploy a satellite communications system aimed at Africa, with support from Thales Alenia Space, a joint venture formed by the French Thales Group and the Italian Leonardo Corporation...
 
3G, 4G and 5G Networks
 
BSNL deploys more than 50,000 sites nationwide for 4G services
A consortium led by homegrown IT services company TCS along with ITI Limited are currently deploying 4G sites for the public sector telecom operator...
 
Hrvatski Telekom moves to energy-efficient 5G with complete shutdown of 3G network
Hrvatski Telekom is continuing to shut down its 3G network in Croatia, thereby accelerating the transition to more energy-efficient 4G and 5G technologies, which is in line with HT's sustainable business strategy...
 
Satellite & Internet
 
Niger signs deal with Starlink to boost internet coverage
The vast desert nation's internet penetration rate currently stands at 32 percent, according to the Electronic Communications Regulation and Mail Authority (ARCEP)...
 
Globe to build Philippine landing station for Hexa’s MYUS cable
Malaysia’s Hexa Capital Consultancy said that it has chosen Globe Telecom to serve as the landing party in the Philippines for its trans-Pacific Malaysia-US (MYUS) Cable System...
 
Global Telecom Update
 
AI-driven insights boost shopper understanding from 10 percent to 45 percent
RetailGPT, the Generative AI platform bridging digital and physical retail, is setting a new industry benchmark in understanding consumer behaviour...
 
Nubank disrupts Brazilian telecom market with NuCel launch
Nubank has launched NuCel, a transparent and flexible mobile service in partnership with Claro, marking its first expansion beyond finance and potentially disrupting Brazil's telecom sector with customer-centric,...
 
Deutsche Telekom leads on Euro mobile experience
Opensignal regards the CQ metric as crucial in assessing whether networks can reliably support common mobile tasks at a satisfactory level, such as video calls and social media usage...
 
 
Middle East
 
PIF, Google Cloud to set up global AI hub in Saudi Arabia
Saudi Arabia's sovereign wealth fund PIF has announced that it has sealed a strategic partnership with Google Cloud for the establishment of a global artificial intelligence (AI) hub near Dammam, in the kingdom's...
 
Viettel AI partners with Presight to advance artificial intelligence development
Under the terms of the agreement, Presight and Viettel AI will collaborate to leverage technology, data, and innovative solutions to address challenges in transportation, safety, and environmental sustainability...
 
QU announces launch of ‘AI Week 2024’
This event aims to create an interactive platform that highlights the latest innovations and advancements in artificial intelligence (AI), a crucial component of sustainable development in Qatar and globally...
 
Industry specific cybersecurity services: A unique, revolutionary edge and a win for key stakeholders
Arab Advisors Group released two reports on the cybersecurity market in the 5G era, analyzing market trends, pricing strategies, and profiling 35 key cybersecurity providers...
 
South Asia
 
Jazz unveils Pakistan’s first locally developed Large Language Model(LLM)
The LLM initiative is designed to embrace Pakistan’s rich cultural and linguistic diversity, enhancing efficiency across various sectors by equipping national entities with advanced AI applications...
 
Robi on growth trajectory in Q3 as it cut costs
Robi Axiata secured a 78 per cent year-on-year growth in profit in the third quarter through September this year through efficient cost management...
 
Content & Immersive Technologies
 
Access Europe and Skyworth’s Coocaa form a strategic alliance
Access Europe and Skyworth’s Coocaa form a strategic alliance to enhance global Smart TV Content offering...
 
Luminous XR launches ‘FLOW’ to simplify VR and AR training content creation
Luminous XR has announced the launch of ‘FLOW,’ a content creation tool designed for creators, developers, and enterprises to build custom virtual, augmented, and mixed reality training content...
 
 
 
 
 
 
 
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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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