du introduces GPU-as-a-Service, offering high-performance computing to UAE entities, driving AI adoption, cost savings, and scalability for advanced digital transformation
telecommunications
Subscriber base increase, cost optimisation drive du’s Q1 profit
Net profit jumps 19.8% to $196.6mn as revenue crosses $1bn mark; EBITDA grows 15% to $490mn with an EBITDA margin of 47.4%
UAE leads global fibre network race with 99.5% coverage, maintain top position
e& UAE plays the leading role in driving the telecommunications sector in the country, holding the highest fixed broadband penetration rate nationwide
e& PPF Telecom acquires Serbia’s SBB for $891mn
The company said the acquisition was financed through debt
Space42 and Viasat to explore shared global 5G Non-Terrestrial Network
Will address growing opportunities in direct-to-device satellite communications to smartphones – a market that is expected to reach $50bn in 2032
Airtel signs deal to help ease Starlink’s satellite broadband entry in India
The agreement will see Starlink equipment in Airtel’s retail stores, and its services accentuated through Airtel’s ground network infrastructure
du to transform its call center with Microsoft’s AI technologies
It will result in a highly personalised customer experience and also address challenges such as stringent national data privacy regulations
UAE’s du climbs global telco rankings, brand value surges to $3bn
The latest rankings make the company the fastest riser in brand value across the Middle East
du launches new travel eSIM for transit passengers at UAE airports
The service begins with a free du eSIM, after which customers can purchase data bundles according to their travel requirements
Italian telecom giant TIM selects Abu Dhabi for regional HQ, plans IoT and AI excellence centre
Under the partnership, TIM’s regional headquarters in Abu Dhabi will introduce its expertise in secure communications, cloud, and IoT applications to enhance industrial productivity
UAE telecom giant e& reports 4.3% rise in 2024 net profit, driven by digital growth
The telecom group recorded a 10.10% increase in consolidated revenue, reaching AED 59.20 billion from AED 54.75 billion in 2023
UAE telecom giant du adds ‘cryptocurrency’ to payment options
Customers can now opt to pay their du bills via Apple Pay or Samsung Pay, via debit or credit card and cryptocurrency
Qatar’s PIH completes acquisition of Kazakhstan’s MTS telecom
MTS, known for its prominent brands Altel and Tele2, is Kazakhstan’s leading provider of ultrafast 5G connectivity
Virgin Mobile rolls out unique ‘Switch Postpaid’ plans in Saudi Arabia
The plan allows customers to pay only for the data they consume
Thuraya 4 set to enhance Space42’s capabilities after successful launch
The highly-advanced sixth geostationary satellite will help the UAE-based SpaceTech company’s plans to introduce 15 new products
Etihad Atheeb (GO) signs MoU to acquire 51% stake in Saudi IT venture EjadTech
The stake acquisition is valued at $23.07 million
Airbus delivers UAE’s latest telecom satellite to Florida launch site
Space42 says the new satellite will enable the company to introduce more than 15 new products once operational