In a groundbreaking move for the telecommunications sector, e& enterprise has forged a strategic partnership with PayPal. This collaboration enhances e& enterprise’s digital payments platform, empowering businesses by integrating seamless PayPal solutions.
Emirati telco e& partners with New York University Abu Dhabi to propel 6G tech forward. This collaboration bridges academia and industry, empowering students with insights and hands-on experience in emerging technologies like 6G.
The strategic partnership between AWS and E& involves a $1 billion investment to drive cloud innovation in the Middle East, aligning with the region’s growing demand for advanced cloud infrastructure. This collaboration integrates AWS’s cutting-edge cloud technology with E&’s robust network.
The European Commission has conditionally approved UAE’s ecommerce giant e& to acquire control of PPF Telecom Group, excluding Czech operations. This decision under the Foreign Subsidies Regulation ensures fair competition within the EU market.
ADNOC has teamed up with e& to deploy the largest private 5G network in the energy sector, spanning 11,000 square kilometers of operations. This ambitious initiative, aimed at boosting AI, IoT solutions, and operational efficiency, is projected to generate $1.5 billion in value by 2025.
The European Commission has launched a thorough investigation into UAE-based telecom company e&’s acquisition of PPF Group’s telecom operations in Eastern Europe. This move excludes PPF Telecom’s Czech business.
In a strategic move set to reshape telecommunications landscapes, UAE telecom consortium e& has inked a €2.15 billion deal to procure a significant slice of PPF Telecom Group’s European operations. This stakes in Bulgaria, Hungary, Serbia, and Slovakia come bundled with control over the local branches of telecom infrastructure divestment, Cetin. With an elaborate contingency payout plan incorporated, the deal also holds implications to the tune of €350 million over the next 3 years.
Four powerhouse telecom companies have forged an alliance to harness the potential of Artificial Intelligence (AI), revolutionizing customer experiences and uncovering potential business opportunities. This alliance, brought to life in Seoul, South Korea, promises to co-develop a Telco AI Platform, pioneering new AI services, like digital assistants and super apps. The initiative has been seen as a forward-thinking response to the escalating global interest in AI within the telecommunications industry. Imminent discussions at the Total Telecom Congress will shed more light on this transformational feat.
The dialogue strengthens between E& and PPF Group, sparking talks of a strategic alliance. With E&’s evident ambition to penetrate the European markets, the narrative gets captivating. Though discussions are in infancy, market enthusiasts eagerly await major developments. Meanwhile, PPF Group, post-acquiring Telenor’s assets, strengthens its presence in Europe.
MTN Considers Axian Telecom Bid MTN is considering a bid from Axian Telecom for its operating units in West Africa, specifically Guinea-Bissau, Guinea-Conakry, and Liberia. The potential deal is aligned with MTN’s ongoing efforts to reshape its portfolio, and the three units collectively account for 6.1 million of MTN’s customers and contributed to 0.7% of EBITDA. MTN’s first quarter financial results reported an 8.6% EBITDA growth and revenues of ZAR52.8 billion ($2.8 billion), a 15.6% YoY increase. With discussions with Axian Telecom still at an early stage, any announcement on a final agreement might not be expected soon. Read the full article. Deutsche Telekom Sees Q1 Success Deutsche Telekom (DT) has raised its earnings guidance for 2023 to around €40.9bn, up from its previous forecast of €40.8bn. This follows strong Q1 results, with the group’s US business T-Mobile US a key driver behind the raised forecast, having recently raised its…
