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SAMENA Telecommunications Council - Logo Industry News Briefing
July 26, 2024
 
 
 
 
 
 
 
 
Featured Member News
 
Tech Mahindra reports 1.0% QoQ growth in Revenues at Rs. 13,005 crores; PAT rises 28.8% to 851 crores; EBIT margins expand 110 bps
 
 
Tech Mahindra, a global technology consulting and digital solutions provider, reported Q1 FY2024 financial results with a 0.7% QoQ revenue increase to US$1,559 million, a 28.6% QoQ rise in PAT to US$102 million, and notable strategic partnerships and industry recognitions...
 
 
 
Member News
 
•  Nokia launches Broadband Easy Connect to simplify fiber home connections
Member Logo Nokia has 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...
 
•  Entel Peru joins hands with Huawei to complete the first overseas commercial use of dual-band AAU
Member Logo Entel Peru has deployed Huawei's 2.3GHz+3.5GHz dualband AAU on a 5G network, marking a first-time commercial use of the innovative solution outside China...
 
 
Recent Developments
 
•  Huawei’s Oman Commercial Roadshow inspires digital-led business transformation
 
•  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
 
•  Ooredoo Kuwait Group reported a 9% increase in revenue to KWD 346mln in H1 2024
 
•  AT&T announces commitment to open at least 100 connected learning centers by the end of 2027
 
 
 
 
 
 
 
 
 
 
Policy and Regulation
 
• National telecom regulator reveals new telemarketing registry and alert service
In an effort to curb a surge in unsolicited calls from telemarketers and customer complaints, the National Telecom Regulatory Authority (NTRA) announced new regulations for using mobile telephone numbers to conduct...
 
• Liberia changes the rules to promote fintech competition
The Liberian Telecommunications Authority (LTA) has introduced a new set of regulations designed to empower fintech companies and foster a more competitive mobile market...
 
South Asia
 
• Pakistan, Saudi Arabia to enhance cooperation in IT Telecom sector
Pakistan and Saudi Arabia have agreed to enhance ties in information technology and telecommunication sector...
 
• Nepal's 4G users surpass 20.8 million, dominating mobile broadband market
4G users in Nepal have surpassed 20.8 million, accounting for 66.28% of the mobile broadband market, despite a slight decline from the previous month, with Nepal Telecom and Ncell continuing to dominate the 4G landscape...
 
Content & Immersive Technologies
 
• Max rolls out SharePlay globally
Max's SharePlay service, now available globally on Ad-Free and Ultimate Ad-Free tiers, allows up to 32 users to watch synchronized shows and movies together over FaceTime and iMessage, enhancing shared viewing...
 
• VNNIC upgrades app to automatically crowdsource speed-check data
The Vietnam Internet Network Information Centre (VNNIC) said on Thursday the latest upgrade of its network speed test app 'i-Speed' turns phones into an automated crowdsourcing tool for telcos to measure and optimise...
 
Global Telecom Update
 
• Equinix enters the Philippines with data centre deal
Digital infrastructure company Equinix has announced its planned entry into the Philippines with the acquisition of three data centres from Total Information Management (TIM), a technology solutions provider...
 
• Vodafone tops 1.43 million UK broadband and 18.57 million mobile customers
Vodafone's Q1 FY25 financial results highlight robust growth in their fixed broadband customer base and full fiber network coverage, alongside increased mobile broadband usage, despite a slight decline in their mobile...
 
• Telefonica partners with Fortinet to counter quantum cyberattacks
This innovative initiative aims to protect data and systems against the most sophisticated cyber-attacks that exploit the properties of quantum computing...
 
 
Middle East
 
• Orange Jordan and Public Security Directorate collaborate on AI integration in public security
Discussions focused on AI’s role in developing operational strategies aligned with the digital revolution. This includes improving forensic monitoring and analysis, enhancing rapid response to security challenges, and...
 
• Zain KSA revenue in H1 soars to US$1.3 billion; net profit up 60pc
Announcing its financial results for the six-month period ended June 30, 2024, Zain KSA said these results underscore Zain KSA’s strategy focused on enhancing customer experience and expanding next-gen technologies...
 
• Samsung TV Plus launches in the UAE
Samsung Gulf Electronics has launched its Samsung TV Plus in the UAE; a free ad-supported TV (FAST) and video service, offering a host of live channels and content across diverse genres, including news, sports, and...
 
• Bahrain emerges as the second fastest-growing video game market in the GCC
A recent report has spotlighted video games as one of six sectors ripe for investment in Bahrain, underscoring the local enthusiasm for gaming, especially on mobile platforms...
 
North Africa
 
• Algeria unveils comprehensive digital transformation strategy
This strategy, the first of its kind for Algeria since gaining independence, aims to transition from paper-based to digital management, increase transparency, reduce bureaucracy, broaden access to information, and boost...
 
3G, 4G and 5G Networks
 
• 4G remains the dominant technology in Asia Pacific
Despite the rapid adoption of 5G in leading Asia Pacific countries, 4G will remain the dominant technology in the region by 2030, as operators continue to expand 4G capacity in urban areas and extend coverage to underserved...
 
• Hrvatski Telekom powers up Croatian port with private 5G network
Hrvatski Telekom (HT) has equipped the new container terminal in Rijeka with a 5G network, a significant step forward in the evolution of 5G technology in the maritime industry...
 
Satellite & Internet
 
• WestJet and TELUS join together to provide free in-flight WiFi via Starlink
WestJet has partnered with TELUS to offer free, high-speed inflight internet using Starlink technology, making it the largest North American and first commercial Boeing 737 airline to do so, with full implementation on its...
 
• Converge ICT taps Ribbon to boost fibre backbone to terabit speeds
Philippine fiber broadband provider Converge ICT Solutions says it is collaborating with Ribbon Communications to boost the capacity of its fibre backbone to terabit levels using Ribbon’s Apollo optical networking...
 
 
 
 
 
 
 
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Disclaimer: Information contained herein has been obtained from sources, which we deem reliable. SAMENA Telecommunications Council is not liable for any misinformed decisions that the reader may reach by being solely reliant on information contained herein. Expert advice should be sought.
 
 
 
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