Since its inception in 2010, Es'hailSat, the Qatar Satellite Company, has grown into a major satellite operator in the Middle East. Es’hailSat’s satellites, the Es’hail-1 and Es’hail-2 are currently transmitting high quality, premium DTH television content across the MENA region.

Read more: Es’hailSat talks demand and future of satellite communications

The global telecommunications industry is a unique and vibrant industry that is constantly evolving due to the new technologies and infrastructure which continue to filter into the market. Now more than ever, telcos depend on the adaptation to a digitized environment, the efficiency and optimization of business processes, as well as monitoring and reporting capabilities.  

Read more: Atrebo towards excellence and process automation

COVID-19 has highlighted the importance of telecommunications and the need to have resilient infrastructure capable of ensuring a seamless experience in light of the rise of remote experiences’ trend. EY published recently a study entitled “Top 10 risks in telecommunications” which sees failure to maintain network resilience in a post-pandemic world emerge as the most pressing challenge for the industry. Telecom Review spoke to Tom Loozen, EY global telecommunications leader, to discuss the outcomes of the study and highlight its main findings.

Read more: The challenge of maintaining network resilience

COVID-19 updates

Saudi Telecom Company (stc) has paused talks with banks regarding a $2 billion financial package for the acquisition of Vodafone Group’s Egyptian business due to disruption caused by Covid-19.

Sources said that stc remains keen to acquire Vodafone Group’s 55 per cent stake in Vodafone Egypt, after the pair signed an MoU and agreed on a $2.4 billion deal in late January.

The recent downturn in global economies caused by the pandemic has seen stc put talks regarding a debt-based finance package on hold.

stc had been negotiating a $2 billion funding agreement with banks, which could recommence at a later date.

Vodafone Egypt is the country’s largest mobile operator with more than 40 million mobile connections at the end of 2019. While the companies aimed to close the deal by end-June, Telecom Egypt, which holds the remaining 45 per cent stake in Vodafone Egypt, revealed the nation’s Financial Regulatory Authority was not keen to approve any deal which did not see stc take a 100 per cent stake.

Telecom Egypt had stated it was in the process of appointing investment bank(s) to consider all of the possible investment options and opportunities to STC’s acquisition, given its rights that are stipulated in the shareholder agreement.