Page 69 - SAMENA Trends - April-May 2021

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Subscriber Gains and ‘Healthy ARPU Trends’ Help Boost Telecom Egypt

Revenues

Telecom Egypt has reported a consolidated EGP3.235 billion in 1Q21, while operating up 38% against the 6.181 million it had a
revenue of EGP8.399 billion (USD535 income rose by 86% to EGP3.078 billion. year earlier. Commenting, Adel Hamed,
billion) for the quarter ended 31 March 2021, Net profit after tax (NPAT) also saw a Telecom Egypt’s Managing Director and
representing a 20% year-on-year increase, notable annualized improvement, rising to Chief Executive Officer, said: ‘I am very
with the company saying growth had been EGP2.124 billion in 1Q21, from EGP1.312 pleased with this quarter’s results as they
driven by ‘increased subscriptions and billion in the corresponding quarter of reflect Telecom Egypt’s ability to preserve
healthy ARPU trends, followed by higher 2020, with the company attributing this its growth momentum witnessed during
infrastructure and voice revenues. Of its to its strong operational performance and 2020 and report strong financial and
total turnover, Telecom Egypt reported the doubling of investment income from operational results … The main growth
that its ‘Home and Consumer’ division Vodafone Egypt. In operational terms, driver continues to be data, both fixed and
generated the largest portion, EGP4.191 Telecom Egypt ended March 2021 with mobile, and we have witnessed growth in
billion, up from EGP3.131 billion in 1Q20, a total of 7.257 million fixed broadband customer numbers and spending, which
while its ‘Enterprise’ unit saw the largest accesses on its books, representing a 22% we continue to push by not only investing in
percentage increase in revenue terms, y-o-y increase, while fixed voice lines rose our network, but also enhancing customer
generating EGP1.129 billion, up from by 7% to 10.045 million. The company experience to solidify our leading position
EGP786 million in 1Q20. Meanwhile, also reported sizeable gain in the mobile in the market.’
Telecom Egypt recorded a 42% y-o-y sector, reporting a total of 8.516 million
increase in EBITDA, which increased to mobile subscribers as of 31 March 2021,

UAE to Get 3 Amazon Web Services Data Centers in 2022

Amazon.com Inc (AMZN.O) said that build technology capabilities
that its cloud service unit will launch and accelerate innovation. "We
three data centers in the first half of are excited to build on the great
2022 in the United Arab Emirates, its momentum of cloud adoption in
second Middle East infrastructure the Middle East by providing more
region. Amazon Web Services choice for customers in the UAE
(AWS) opened its first Middle East to run applications and store data
data centers in neighboring Bahrain locally," said Peter DeSantis, AWS
in 2019. The Abu Dhabi Investment Senior Vice President of Global
Office (ADIO) said the deal was part Infrastructure.
of its efforts to attract investments

Pakistan’s National Incubation Center, ‘IGNITE’ Recognized by the UN

International Telecommunication Union, a enabling policies for the development 2021,” it tweeted. “Around 1300 projects
United Nations agency for digital tech, has of Information and Communication were submitted by Govts and private
announced Pakistan’s National Incubation Technology (ICT) have been recognized sector for @WSISprocess Prizes 2021. 1.3
Centers ‘Ignite’ as one of the champions globally. “As a global recognition of @ million stakeholders participated in the
of projects of its environment category at GovtofPakistan’s enabling policies for voting process,” it added. The achievement
World Summit on the Information Society ICT development, today @ITU announced of @IgniteNTF is manifestation of a robust
Prizes 2021. The news was announced Pakistan’s National Incubation Centers of ICT innovation value chain & industry
by the Permanent Mission of Pakistan to @IgniteNTF @MoitOfficial as one of the in Pakistan, also holds promise for an
UN, Geneva, on its official Twitter handling champion projects of C6 Category (enabling inclusive and sustainable development in
stating that the Pakistani government’s environment) at @WSISprocess Prizes the country, the mission added.

69 APRIL-MAY 2021