e& UAE has officially signed a Memorandum of Understanding (MOU) with Huawei to deliver a high-quality gigabit experience to the UAE at the Mobile World Congress (MWC) in Barcelona. With a focus on the next generation of 5G-Advanced and 50GPON networks, the collaboration between e& UAE and Huawei signals the onset of the intelligent 10 Giga Experience, reaching up to 10 Gbps for mobile and up to 50 Gbps for fixed users across the UAE.
Emirates Integrated Telecommunications Company PJSC published its financial results for Q4 and the full-year 2023. Full-year revenues grew by 6.9% to AED 13.64 billion, highlighting sustained demand for mobile services, and strong growth in postpaid and fixed services. Full-year EBITDA surged by 12.8% to AED 5.80 billion, reflecting top line growth combined with margin expansion and disciplined cost management. Full-year net profit reached AED 1.67 billion— a 36.8% increase year-over-year, mainly underlining strong EBITDA growth. Full-year CapEx was stable at AED 2.2 billion and operating free cash flow (EBITDA – CapEx) for the year substantially rose by 23.2% to AED 3.6 billion.
du, commercially rebranded from Emirates Integrated Telecommunication Company (EITC), has appointed Jasim Al Awadi to lead its ICT unit as the Chief ICT Officer. He will play an important role in supporting du’s customers throughout their digital transformation journeys by providing end-to-end solutions and services.
Ooredoo announced its financial results for full-year 2023 (FY23). Among the financial highlights are the following:
Omantel— the leading provider of integrated telecommunication services in the Sultanate of Oman— has reiterated its leadership in cloud computing by building the National Cloud, aiming to facilitate Oman’s digital revolution with secure and local data hosting, coupled with cutting-edge cloud services and hyperscaler capabilities.
du, commercially rebranded from Emirates Integrated Telecommunication Company (EITC) has announced the deployment of large-scale three carrier aggregation in TDD Massive MIMO at its base station, which will help maintain its leadership in 5G user experience in the market with a peak data rate of over 5 Gbps.
e& announced its consolidated financial results for fiscal year 2023.
Vodafone and e& have joined forces to provide other operators with comprehensive, fully-managed voice solutions to support their international voice traffic requirements and growth plans, as well as help meet the growing demand for voice over 4G/5G (VoLTE) services.
Following the regulatory approvals in line with the strategic agreement signed by Vodafone and e& on May 2023, the Group Chief Executive Officer of e&, Hatem Dowidar, will be joining the Vodafone Board as a Non-Executive Director, with effect from February 19, 2024.
4iG Plc info-communications company and Telecom Egypt— Egypt’s first integrated telecom operator and one of the largest subsea cable operators in the region— have reached an agreement on the terms of cooperation for the construction of an express subsea cable between Albania and Egypt. Following the signing of a Memorandum of Understanding (MoU) last October, the terms of this cooperation agreement establish a joint venture between the two companies for the intercontinental subsea cable project. The express subsea cable will create a high-capacity, intercontinental connection linking Africa and Asia (through the Red Sea) to Europe, via Egypt, the Mediterranean, and Albania.
