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SAMENA Daily - Industry News Briefing

Industry News Briefing
July 24, 2024

Featured Member News

stc Group revenues and net profit for semi-annual period of 2024 increase by 4.79% and 7.73% respectively as compared to the comparable period of last year

stc Group revenues and net profit for semi-annual period of 2024 as compared to the comparable period of last year increased by 4.79% and 7.73% (respectively), and it distributes SAR 0.40 per share dividends for the 2nd quarter of 2024...

Member News

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Nokia launches Broadband Easy Connect to simplify fiber home connections

Nokia announced the launch of Broadband Easy Connect, a new subscription-based service that helps operators streamline, simplify and accelerate the process of connecting homes to fiber...

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Huawei launches DigiTalent 3.0 to empower Mauritius as a digital talent powerhouse

At a DigiTalent 3.0 Launch Ceremony in Port Louis, Mauritius, Huawei Technologies (Mauritius) Co., Ltd. announced its plan to provide 4,000 ICT courses and classes over the next four years...

Recent Developments

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Ooredoo Kuwait Group reported a 9% increase in revenue to KWD 346mln in H1 2024

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AT&T announces commitment to open at least 100 connected learning centers by the end of 2027

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Huawei hosts Seeds for the Future regional finals 2024 in Uzbekistan, bringing together 157 talented students from 14 countries

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Beyond WRC-23: Transformative outcomes in the Arab region

Policy and Regulation

•	Nigerian Communications Commission directs telcos in Nigeria to conduct billing audits The Nigerian Communications Commission (NCC) has directed telecommunication companies in Nigeria to conduct a comprehensive audit of their billing systems...

•	Ofcom review UK mobile licence fees for 900MHz, 1800MHz and 2100MHz The UK telecoms regulator Ofcom has initiated a review of annual licence fees for mobile spectrum bands (900MHz, 1800MHz, and 2100MHz) following a request from BT...

North Africa

•	Egypt's Banknbox join forces with CSC Jordan to drive financial inclusion Banknbox and CSC Jordan seek to strengthen their position in MENA’s fintech sector by integrating their customer-facing systems from banks and financial institutions as well as linking applications to provide...

Satellite & Internet

•	SpaceX to launch advanced NOAA climate satellite SpaceX will launch NOAA's JPSS-4 satellite in 2027 as part of the ongoing Joint Polar Satellite System program, which supports weather and climate monitoring...

•	Tele2 Latvia connects mobile base stations in Liepaja to fiber network Tele2 Latvia announced that it has completed a major upgrade to its mobile network in Liepaja, connecting nearly all base stations to the fibre-optic network...

Global Telecom Update

•	KDDI, JTOWER collaborate to enhance performance & maintenance of telecom infrastructure JTOWER and KDDI signed the memorandum on joint study aimed to develop sustainable telecommunications infrastructures in the society with declining population...

•	BBVA and Telefonica team for cybersecurity push The two organisations have also set up a new a new specialised centre in Mexico, which will function as a mirror of BBVA’s existing global cybersecurity centre in Spain...

•	IXAfrica, Schneider Electric launch hyperscale data centre in Kenya Nairobi-based IXAfrica Data Centres and Schneider Electric have launched what they say is the first AI-ready hyperscale data centre in Kenya, and the largest such data centre in all of East Africa...

Middle East

•	Mastercard supports Saudi gaming with EWC partnership The partnership will enhance attendee experiences with seamless digital payments, exciting gaming challenges, and meet-and-greets with esports stars...

•	PayTabs Group partners with Digital Haze to provide data-driven insights to SMEs PayTabs Group and Digital Haze are looking to offer small businesses human behaviour insights, alongside the technology support required to thrive in an increasingly digital marketplace...

•	Ooredoo Qatar announces Apple Business Manager integration on all devices This announcement underscores Ooredoo's unwavering dedication to innovative solutions that enrich customer experiences and drive the modernisation of the business sector in Qatar...

•	EITC Q2 net profit jumps 46.3 percent Emirates Integrated Telecommunications Company (EITC) has seen its second-quarter (Q2) net profit jump 46.3% to record AED581 million ($158.2 million) as revenues rose 7.3% to AED3.6 billion on its strong product offerings...

South Asia

•	Veon secures US$270 million loan for Pakistan unit Jazz The company plans to invest in rising industries such as cloud, software, and financial services in addition to consumer connectivity...

Content & Immersive Technologies

•	Sky to launch Sky Stream in Germany on 31 July Sky is launching its streaming platform Sky Stream in Germany on 31 July 2024, offering bundled Sky channels, free TV channels, apps, and streaming services accessible via the Sky Stream Box with an internet connection...

3G, 4G and 5G Networks

•	Telcos to retire 3G network, starting with M1 from Aug 1; Singtel and StarHub to follow From Aug 1, local mobile network operators will begin to bid farewell to 3G — or third-generation wireless technology that helped to usher in modern smartphones...

•	Tanzania’s 5G coverage rapidly expands to 15 percent The percentage of the Tanzanian population that is covered by the fifth generation (5G) rose to 15 percent during the second quarter of the current calendar year, thanks to ongoing investment in telecommunications...

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