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Saudi Arabia's STC shared its Q2 2017 financial results showing a 7.9 percent net income increase compared to the same period last year to reach SR 2.4 billion (US$640 million). STC Group CEO Dr. Khaled H. Biyari said the results reflect the company's move to embrace digital transformation and Saudi Vision 2030.
Nokia reported an increase in profit for Q2 thanks to its patent deal with Apple and gains in market share, but it warned the network business could slow by more than expected this year.
UAE's Etisalat Group, which operates and owns subsidiaries in the Middle East, Africa and Asia, posted its Q2 financial results for 2017. The Group's consolidated revenues amounted to AED 25.3 billion, according to the statement.
Huawei reported a 15 percent jump in revenue for the first six months of 2017 compared to the same period last year. The Chinese vendor attributed the results to solid growth in its carrier, enterprise, and consumer businesses.
Qatar's Ooredoo Group posted its Q2 financial results for 2017 showing a 12 percent fall in net profit to 513 million riyals (US$137) million from 583 million riyals the previous year. The results fell below SICO Bahrain and EFG Hermes forecasts of 642.81 million riyals and 529.3 million riyals, respectively.
NeXgen has rebranded its organization as NXN - following the evolution of the business from a leading consulting services firm to a fully-fledged digital services provider. It has combined its expertise in Smart City consulting and knowledge of the GCC region to become the leading digital services provider in the Middle East. Telecom Review spoke to charismatic NXN CEO, Ghazi Atallah, to discuss in more details the thought process behind the rebranding, its role in smart cities and the digital transformation services it provides for its customers.
The constant and rapid evolution of technology together with the digital revolution means we are witnessing innovation we never thought were possible before, explains Farid Faraidooni, chief operating officer at du, speaking to Telecom Review about the operator's efforts to ensure its customers' satisfaction and happiness, and facilitate the transformation of Dubai into a smart city.
Ricardo Silva, head of Mobile Networks Product Portfolio Sales, MEA, at Nokia, discusses the vendor's role in creating an evolutionary path to 5G for its customers in the region. Nokia Mobile Networks' strategy in MENA, says Silva, focuses on helping CPSs make use of the capacity opportunities of new unlicensed spectrum and driving core network evolution through the cloud.