Enterprise Ecosystems

Zain Group, a mobile telecom service provider in seven markets across the Middle East and Africa, announced that Zain Esports has partnered with the Kuwait Olympic Committee (KOC), to promote esports and the overall gaming ecosystem within Kuwait, with a forthcoming event positioned to fuel further interest from the community.

Indian multinational telecommunications services company Bharti Airtel has rolled out the "5G for Business" initiative to demonstrate a wide range of enterprise-grade use cases using high speed & low latency networks.

Hungary's Innovation and Technology Ministry and Huawei Technologies Hungary signed a memorandum of understanding (MoU) on long-term cooperation in Budapest.

Russia’s largest mobile operator Mobile TeleSystems (MTS) and Telefonaktiebolaget LM Ericsson (Ericsson) have signed a strategic partnership to develop private 5G-ready networks (dedicated networks) for industrial enterprises in Russia.

Emirates Telecommunication Group Company (Etisalat) and Microsoft have joined forces to unlock new 5G scenarios with Azure Multi-access Edge Computer as part of their strategic partnership.

Russia's first ecosystem interuniversity quantum network with open access has been launched in Moscow.

Croatian telecommunications company Hrvatski Telekom has announced its integration and merger with cable TV distributor Kabelsko Distributivni Sustav (KDS).

Brazilian fibre provider EB Fibra has changed its name to Alloha Fibra and has appointed named Alexander Moshe as its new CEO.

The mobile phone company MTN-Congo has signed a partnership with Flash International to facilitate money transfers between the two countries - Congo-Brazzaville and Congo-Kinshasa.

Intracom Telecom, a global telecommunication systems, and solutions vendor announced a Smart City project in Belgrade, Serbia, focusing on monitoring the city’s air pollution and improving the overall air quality.

Hungarian ICT group 4iG announced it closed the acquisition of peer IT/network infrastructure solutions provider Invitech after the transaction was cleared by the Competition Office (GVH).

Saudi Arabia’s sovereign wealth fund (SWF), the Public Investment Fund (PIF) is considering selling part of its 70% stake in Saudi Telecom Co (STC) while retaining majority ownership, the state fund said a report in Reuters.

Lava International, an Indian multinational electronics company that manufactures smartphones, has filed Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI to raise INR 1400- 1500 crore (USD 202 million) through the initial public offering (IPO), said a report in the Economic Times.

The Brazilian Internet Service Provider (ISP) Desktop Sigmanet acquired LPNet, one of the largest broadband operators with FTTH in Sao Paulo, where it has around 127,000 accesses and covers more than 40 municipalities.

Texas-based fibre provider Transtelco has launched a bid to acquire 100 percent of the shares of Mexican operator Maxcom Telecomunicaciones for a total of around MXN 608 million.

Malaysian multinational telecommunications conglomerate Axiata Group, through indirect wholly-owned subsidiary Axiata Investments (Indonesia, AIISB), is selling a 5% stake in its Indonesian operator XL Axiata to Ferrymount Investments Ltd (FIL) for IDR1.44 trillion (USD101 million).

Call4tel, a global manufacturer of unified communications appliances, has appointed Nology, a leading IP solutions provider in South Africa, as its local authorised distributor of the Call4tel 3CX PBX certified appliance range.

Indian telecom operator Vodafone Idea (Vi) lost over 1.4 million subscribers in July 2021 whereas Reliance Jio and Bharti Airtel added 6.5 million and 1.9 million subscribers, respectively, during the month, according to the latest data released by the Telecom Regulatory Authority of India (TRAI).

Saudi Telecom Company (STC) has completed the initial public offering (IPO) of Arabian Internet and Communications Services Co, which trades as Solutions by stc.

From March 2022, there will be no Internet Service Provider (ISP) infrastructure breakdown in Israel’s Internet market, and Bezeq Israel Telecommunications Company will be able to sell full Internet packages including both the infrastructure and connectivity options.

Hungary's 4iG will become the owner of Invitech ICT Services after the company concluded a sales contract with ICT Services' owner, Cyprus-based Rotamona, according to a report by state news wire MTI.

Brazilian telecom operator Mhnet Telecom has finalized negotiations for the acquisition of Creral Telecom, located in the Alto Uruguay region, in the state of Rio Grande do Sul.

Mobile telecommunication company China Mobile and the national cable TV operator China Broadcasting Network (CBN) have worked out the terms of a 700 MHz 5G implementation plan, with the operator to control base station prices and first of all own 100% of the shared network.

Africa’s largest telecom company MTN Group is reportedly in talks with potential international buyers for its wireless business in Afghanistan, a bid to accelerate plans to exit the country, as per a Bloomberg report.

International rating agency S&P maintained Bharti Airtel’s credit rating of “BBB-“, and upgraded outlook to stable from negative, indicating the company’s improved financial status and ability to pay back debt.

ZTE Corporation has exclusively won the bid for 5G nomadic base stations from China Mobile Research Institute.

Latvian network operator Latvijas Mobilais Telefons (LMT) has set up a 5G mobility innovation testbed at the Bikernieki racetrack in the capital city of Riga.

Namibia's largest telecommunications company, Mobile Telecommunications Limited (MTC Namibia) is set to list on the Stock Exchange (NSX) by the end of November 2021 and 367.5 million shares are to be made available to the general public, MTC chairperson Theo Mberirua said.

Philippines' largest publicly-listed telco Globe Telecom said its diversification into non-core businesses was bearing fruit, allowing it to move beyond traditional telecommunications and transform the company into a “digital solutions group.”

Saudi Telecom Company (STC), the provider of telecommunications services in the Kingdom of Saudi Arabia, said that its internet-services unit Arabian Internet and Communications Services Company is seeking to raise as much as 3.62 billion riyals (USD 966 million) from an initial public offering (IPO) in Riyadh.

Digital infrastructure products provider Vertiv announced a distribution agreement with the US IT services company Ingram Micro covering the Middle East and North Africa (MENA) distribution markets.

India’s second-largest wireless telco Bharti Airtel's CAPEX to increase to about US$5 billion in FY 2022 from $4.6 billion in FY 2021, global rating agency Fitch said.

Globe Telecom, a major provider of telecommunications services in the Philippines announced that it has signed for financing worth PHP13 billion (USD261.8 million) with the Metropolitan Bank & Trust Co (PHP10 billion) and the Bank of the Philippine Islands (PHP3 billion).