Telecom Operators

Arabian Internet and Communication Services Company (solutions by stc) announced its first annual financial results after its successful public listing on the Saudi exchange market in September 2021.

Emirates Integrated Telecommunications Company PJSC (“EITC”) announced its financial results for the year-ended 31 December 2021. Full-year revenues grew by 5.4% to AED 11.7 billion on sustained demand for broadband services and 5G handsets as well as a gradual recovery of mobile services.

Ooredoo Group announced its overall financial results for 2021. The company’s financial highlights show positive growth across indicators, recording a solid full-year operational performance.

du, from Emirates Integrated Telecommunications Company (EITC), advanced its commitment to supporting online child safety through its collaborations with the United Nations Children's Fund (UNICEF) and the Supreme Council for Motherhood and Childhood (SCMC) in light of Safer Internet Day.

Vodafone Qatar announced its financial results for full year 2021, showing a double-digit increase across indicators which reflects the company’s success in maintaining its growth trajectory.

Honeywell and solutions by stc, have signed a Memorandum of Understanding (MoU) to help develop strategic mega projects across the Kingdom in support of Saudi Vision 2030 and its efforts to create a more diverse and sustainable economy and accelerate digital transformation.

Etisalat Group has partnered with banking giant First Abu Dhabi Bank (FAB) and UAE conglomerates ADQ and Alpha Dhabi Holding to launch a new digital bank called ‘Wio’, the company has announced.

Zain and the fast-growing gaming startup PLAYHERA announced a joint-venture agreement to launch PLAYHERA MENA powered by Zain eSports. Zain, Zain eSports, and PLAYHERA plan to invest more than SR 375 million over the upcoming five years; the newly established JV will have Riyadh as its headquarters and go after MENA’s lucrative gaming market with an estimated 100 million gamers across the region.

Cairo, 14 February 2022: Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and GRID Telecom, subsidiary of the Independent Power Transmission Operator (IPTO) in Greece, signed a strategic Memorandum of Understanding (MoU) to connect Greece and Egypt using submarine cable infrastructure.

The Communications and Information Technology Commission (CITC), the Kingdom’s ‘fifth generation’ digital regulator, has announced that Mobily has won the Best User Experience Award for 2021.