Saudi Telecom Company (STC) reported an annual net profit increase of 14.3% compared to the previous year, for the period ending 31 December 2017, to reach SR 10,174m. Gross profit for the year reached SR 29,555m, an increase of 3% compared to the previous year. STC CEO Dr. Khaled Biyari touted the company's cost optimization initiatives and the shift in its strategy with a clear focus towards digitization.
UAE telecom provider Etisalat announced it will exclusively offer the 'Circle with Disney' parental control device for all customers in UAE. This exclusivity was a result of Etisalat's partnership with Circle Media Labs, a leading developer of products used by families to manage all their connected devices.
US telecommunication giant Verizon has moved to ease fears concerning a drop in its wireless service revenue by claiming the decline is a result of its increased focus on its 5G mobile plans.
Sparkle, the international service arm of TIM Group and among top 10 global operators, and Aldea Solutions Inc., a leading global provider of high quality video services and solutions for the television and media industries, have released a new solution that provides media companies in Europe, Africa and Middle East with access to a multitude of rich video media content, including major global sporting events.
UAE telecom operator du, part of Emirates Integrated Telecommunications Company (EITC), has been recognized as a leading global provider of broadcast services according to The World Teleport Association (WTA).
UAE telecom provider du (Emirates Integrated Telecommunications Company) announced it has partnered with Abu Dhabi Media (ADM) and launched a new television channel: NatGeo Kids Abu Dhabi. This television channel is especially designed for children and will provide a variety of educational programmes, going beyond entertainment and cartoons.
Talks of a possible merger deal between Deutsche Telekom and Orange have now officially ended after both entities failed to reach agreement. The two telecommunication firms engaged in protracted discussions between May and September but ultimately failed to strike a deal.
Saudi Telecom Company (STC) announced the start of constructing the largest network operations centre in the Middle East and Africa (MENA), in order to enhance the company's strategy for digital transformation, enabling digital services and enriching experience of individual and corporate customers in alignment of Kingdom’s vision 2030.
Nigerian telecom operator 9mobile, formerly Etisalat Nigeria, is facing turbulent times. A Lagos high court in Nigeria ordered the board of the operator's parent company, Emerging Markets Telecommunications Service (EMTS), to disband, after a judge claimed it had been established without authority.
Etisalat recently announced a partnership with the Ministry of Education to modernize and develop infrastructure of schools across the UAE keeping in line with the UAE’s 2021 digital vision for all citizens in the country to implement a digital education across schools in the country.
