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The Minister of Communications and Digital Economy, Prof. Isa Pantami, has stressed the importance of service commitment from telecommunications operators in the country.
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Demand in the Kingdom is coming from critical sectors, such as oil, gas, defense, and utilities Updated 13 May 2021 May 13, 2021 00:30 JEDDAH: The global uncertainty created by the coronavirus disease (COVID-19) pandemic was a challenging time for many industries. However, for some, such as Zoom or Amazon, it was a blessing in disguise and a catalyst for accelerated growth. The 3D printing sector also saw a rapid surge in demand. Dubai-headquartered Immensa Technology Labs reported that its business grew by nearly 400 percent in 2020, as global supply chains were disrupted, and operators sc...
Helios Towers seals $575M Omantel deal - Mobile World Live 11 MAY 2021 Helios Towers agreed to take over Omantel’s passive tower infrastructure portfolio of nearly 3,000 sites for $575 million, as the infrastructure company targets what it claims is a significant growth opportunity in the Middle East. Through the deal, Helios Towers will acquire Omantel’s 2,890 sites, initially for 15 years. Helios Towers noted the move is in line with a new market and growth strategy, stating it will be “immediately accretive to earnings”, with $59 million in revenue expected during its first operat...