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SAMENA Telecommunications Council - Logo Industry News Briefing
August 1, 2022
Featured Member News
e& reports consolidated net profit of AED 4.9 billion for H1 2022, up 2.5 percent
e&'s consolidated revenues reached AED 26.3 billion, while consolidated net profit was AED 4.9 billion, a year-over-year increase of 2.5 percent. At constant exchange rates, revenue increased by 3.8 percent. Consolidated EBITDA remained steady in reporting currency at AED 13.4 billion, while increased by 4.1 percent in constant currency, resulting in an EBITDA margin of 51 percent...
Member News
•  Musandam Governor’s Office signs telecom agreement with Omantel
Member Logo The Office of the Governor of Musandam signed an agreement with Oman Telecommunications Company (Omantel) to provide telecommunication and Internet services at the governor’s office...
•  Cisco equips service provider partners with new managed services offering for Webex
Member Logo The new sales model includes a single commercial agreement with each partner and a self-service platform for Service Providers to deliver managed services for Webex, as well as the agility, scalability and flexibility to...
•  Nokia and SINET deploy Cambodia's first XGS-PON enabled high-speed network for enterprises
Member Logo Nokia has announced that SINET, Cambodia's leading Internet Service Provider, has chosen Nokia to deploy its XGS Passive Optical Network (PON) solution to address the growing demand for ultra-high-speed broadband of the...
Policy and Regulation
TRA issues a decision to monitor quality of internet services
According to the regulation, the licensee must announce the data speed for each fixed broadband service package (wired and wireless) and must publish details of the quality of communications services, packages, and offers...
CITC invites the public to submit their views on competition regulations for digital content
This is part of the Commission’s efforts to regulate competition in the Kingdom’s digital content market, and to create a clear regulatory framework promoting fair competition among digital content platforms...
North Africa
VYZYO and Al Baraka Bank launching Tunisian mobile wallet service
Fintech firm VYZYO has announced that its subsidiary TDFP (Tunisian Digital Finance for People) has signed a partnership agreement with local Al Baraka Bank to launch and operate a new mobile wallet service...
3G, 4G and 5G Networks
Local telecoms improve quality with VoLTE tech
Three major telecoms in Taiwan have adopted Voice over Long-Term Evolution (VoLTE) technology, a high-speed wireless communication standard that enhances voice reception...
SK Telecom to offer more 5G plans next month
The telecom company will introduce a 5G rate system with payment plans offered in increments of 10,000 won (US$7), and also plans to begin a data plan that includes online-only benefits...
Satellite & Internet
Virgin Media O2 Business brings fiber to Proximity Data Centres
Proximity Data Centres Limited is joining forces with Virgin Media O2 Business to deliver fiber connectivity services across its portfolio of data centres...
Global Telecom Update
CITIC Telecom CPC expands global footprint with new service centers
Two new Cloud Service platforms will enable our customers to swiftly scale up their modern business operations with carrier-grade infrastructure, offering additional options for managed cloud services and global connectivity...
TPG Telecom completes tower sale to OMERS
Australia’s TPG Telecom has completed its previously announced sale of 100% of its passive mobile tower and rooftop infrastructure to OMERS Infrastructure Management...
Middle East
UAE all set for comprehensive digital transformation
A strategy announced earlier this year aims to double the contribution of the digital economy to the country’s GDP from 9.7 per cent to 19.4 per cent within 10 years...
Tenmou supports Faceki, announcing its newest angel’s investment in Bahrain
Faceki is a Bahraini startup specialized in AI powered Digital Identity Verification, Know-Your-Customer (KYC), Digital onboarding and Biometric Facial Authentication...
TPV Technology partners with Sariya to expand business in KSA
TPV Technology Gulf DMCC, manufacturer of Philips and AOC displays, is teaming up with Saudi-based IT distributor Sariya Company to expand business prospects in the Kingdom of Saudi Arabia (KSA) for both the brands...
South Asia
Teletalk plans to launch 5G services in key Dhaka areas by 2024
State-owned telecom operator Teletalk is planning to introduce 5G network services in Dhaka’s key residential areas and government offices in 2024...
Fintech company OneLoad announces US$11 million raise from Bill & Melinda Gates Foundation, others
Pakistan’s fintech company OneLoad has announced raising $11 million in new funds as it focuses on the next phase of growth...
Content & Immersive Technologies
Amazon Prime Video to localise in key SE Asia markets
Amazon has commissioned its first slate of Southeast Asian originals for its Prime Video streaming service, as Amazon Prime localises in SE Asia markets Indonesia, Thailand and the Philippines...
Indonesia to build its own metaverse to promote local businesses
With a handful of regions making metaverse plays at a national level, the government of Southeast Asia’s largest economy has asked the state carrier to create a metaverse to support local firms...
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