Ooredoo Partners with Ericsson to Enhance 5G Charging
Ooredoo Kuwait has announced a partnership with Ericsson (NASDAQ: ERIC) to modernize its charging system. The move aims to advance Ooredoo Kuwait's capabilities in the 5G era.
The upgrade will be hosted on Ericsson's Cloud Native Infrastructure (CNIS). It includes the deployment of the latest Ericsson Charging release and the cloud-native Charging Access Function (CAF). This will help Ooredoo Kuwait deliver advanced 5G services and unlock new business opportunities.
Ericsson Charging is a cloud-native, scalable solution. It supports real-time convergent charging, policy control, and rapid service creation. Ooredoo will now be able to create digital charging offers, packages, and discounts more flexibly. The solution enables monetization of advanced 5G capabilities
It supports innovative services and differentiated 5G use cases
Ericsson's CNIS offers a simplified on-premises cloud infrastructure. It supports both virtual and cloud-native 5G applications. It also allows container deployment directly on bare metal servers, removing the need for a virtualization layer.
Issa Haider, Chief Technology Officer at Ooredoo Kuwait, said the deployment of the latest Ericsson Charging capability for 5G Standalone will help the company enhance customer experiences and monetize its 5G services. He added it marks a key step in Ooredoo's digital transformation.
Petra Schirren, President of Ericsson Gulf at Ericsson Europe, Middle East and Africa, said the deployment will support Ooredoo Kuwait's service offerings and broader digital goals. She emphasized the partnership's role in enhancing connectivity in Kuwait.
The partnership highlights both companies' commitment to advancing the telecom landscape in Kuwait.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
an hour ago
- Zawya
Ooredoo Kuwait Group reported a strong 6% growth in revenue to reach KWD 367mln in H1 2025
Nasser bin Hamad bin Nasser Al Thani: I have full confidence in our team's ability to capitalize on our strong results and execute our strategic priorities We will continue investing in our network to ensure high-quality service and strengthen customer trust Abdulaziz Yaqoub Al-Babtain: Our strategic partnerships with both public and private sectors played a key role in achieving these outstanding results We remain committed to our approach centered on operational efficiency, digital transformation, and sustainable innovation. Kuwait City, Kuwait: National Mobile Telecommunications Company K.S.C.P 'Ooredoo' (Ticker: OOREDOO) announced today its financial results for the six-month period ended 30 June 2025: Financial Highlights: Year on Year (YoY) – H1 2025 vs H1 2024 Consolidated revenue increased by a healthy 6% to KWD 367 million in H1 2025, compared to KWD 346 million in H1 2024. Revenue growth was supported by the strong operational performance in Algeria, Tunisia and Kuwait. Consolidated customer base increased by 4% to 26.4 million in H1 2025 compared to 25.5 million in H1 2024. EBITDA increased by 19% in H1 2025 to reach KWD 148 million compared to KWD 125 million in H1 2024. Normalizing for the impact of the one-off bad debt provision raised in H1 2024, EBITDA increased by a strong 14% YoY. Net profit attributable to NMTC increased by 65% to reach KWD 42 million in H1 2025 from KWD 25 million in H1 2024. Normalizing for the impact of the one-off bad debt provision raised in H1 2024, Net profit attributable to NMTC increased by a healthy 38% YoY. The consolidated earnings per share were 83 fils in H1 2025, compared to 50 fils earned in H1 2024. Sheikh Nasser Bin Hamad Al Thani, Chairman of the Board of Directors commented: 'NMTC maintained a solid growth trajectory into the first half of 2025 with particularly strong performances in Algeria, Tunisia and Kuwait. For H1 2025 we achieved a strong consolidated revenue growth of 6% YoY to KWD 367 million. Profitability continued to strengthen over the first half of 2025. EBITDA grew by 19% YoY to KWD 148 million with a corresponding EBITDA margin of 40%, while Net profit attributable to NMTC increased by a healthy 65% YoY to KWD 42 million. Normalizing for the impact of the one-off bad debt provision raised in H1 2024, Net profit attributable to NMTC increased by a healthy 38% YoY. Our ongoing investments in network enhancements and customer satisfaction have contributed to the solid performance in H1 2025. The team remains committed to innovation and operational improvements to consistently deliver a high-quality customer experience, resulting in a 4% YoY increase in our customer base to 26.4 million. Looking at the second half of the year, we will continue to invest in our network to provide high-quality connectivity, and to drive customer satisfaction through sales and service excellence. I remain confident in the team's ability to build on this solid performance, execute our strategic priorities, further enhance profitability, and position NMTC on a sustainable path for long-term, profitable growth. Commenting on the financial results for the first half of 2025, Mr. Abdulaziz Yaqoub Al-Babtain, Chief Executive Officer of Ooredoo Kuwait, stated: 'These positive results reflect the effectiveness of our long-term strategy, which focuses on operational efficiency, digital transformation, and sustainable innovation, with the customer experience at the heart of everything we do. The first half of this year marked a qualitative leap on several levels, including infrastructure enhancements, the expansion of strategic partnerships, high levels of customer satisfaction, and a series of prestigious local and international awards.' 'We concluded this period with a major technological milestone, the successful launch of our 5G Advanced network,' Al-Babtain added. 'This was accompanied by a series of innovative promotional campaigns, the first of their kind in the regional telecom sector, reflecting our leadership in delivering next-generation technologies while keeping the customer at the center of our innovation ecosystem.' He also highlighted the vital role of strategic partnerships at the beginning of this year. 'We strengthened our collaboration with global tech leaders in AI, such as NVIDIA, and launched several key initiatives with our success partners across both the private and public sectors. We are confidently progressing toward integrating AI into our services to boost efficiency and improve service quality.' On the value-added front for customers, Al-Babtain noted that Ooredoo Kuwait expanded its partnerships with leading companies in the retail, entertainment, and consumer goods sectors to further develop the flagship loyalty program Nojoom. 'Today, Nojoom is the most widely used and comprehensive program of its kind in Kuwait and the region. We've ensured it reflects modern lifestyles by offering daily rewards and a partnership network that enhances the customer experience and overall quality of life.' He also affirmed that having a balanced and integrated Board of Directors demonstrates the company's continued commitment to driving growth and innovation. 'The diverse expertise of our Board members strengthens our competitive edge, fosters a culture of inclusivity and innovation, and cultivates a workplace environment that supports both professional and personal development, pushing institutional excellence.' Al-Babtain added: 'We believe the steps we've taken toward sustained performance growth are fully aligned with our strategy, which has laid a solid foundation for our ambitious vision. We are pursuing this vision with a pioneering, innovative team, guided by our principles of corporate sustainability and reinforcing our position as a regional leader in digital transformation.' He also expressed pride in Ooredoo's teams across all departments, emphasizing that people are the true driving force behind the company's success. 'Thanks to our teams' dedication and our commitment to nurturing national talent,' he said, 'we've been recognized as one of the most inspiring workplaces and have received eight prestigious Stevie® Awards a testament to our excellence in digital innovation, app development, and digital platforms.' He concluded by reaffirming Ooredoo's commitment to executing its strategic plan, which is built around five core pillars: delivering exceptional customer experience, empowering national human capital, accelerating innovation, enhancing the efficiency of core operations, and placing the customer at the center of every decision. He said: 'Our journey continues and with it, our mission remains clear: We are here to upgrade the world of every customer. We look forward to a smarter, more connected future where we continue making a positive impact on our customers, partners, and community.' Review of Operations The Group's operational performance can be summarised as follows: Ooredoo – Kuwait Ooredoo Kuwait customer base increased by 1.3% to reach 2.9 million customers in H1 2025. The company's revenue increased by 1% to KWD 133 million in H1 2025. Additionally, EBITDA surged by 31% to KWD 45 million in H1 2025, up from KWD 34 million in H1 2024. EBITDA for H1 2024 was impacted by a one-off bad debt provision raised in line with standard company policy. When normalizing for this one-off provision, EBITDA grew by 14% YoY. Ooredoo – Tunisia In H1 2025 Ooredoo, Tunisia's customer base increased by 2%, reaching a total of 7.0 million customers. Revenue increased by 9% to KWD 67 million, compared to KWD 62 million in H1 2024. EBITDA for H1 2025 increased by 12% to KWD 28 million compared to KWD 25 million in H1 2024. Ooredoo – Algeria In H1 of 2025, Ooredoo Algeria's customer base increased by 6%, reaching a total of 14.5 million customers. Revenue for H1 2025 rose by 14% to KWD 129 million, compared to KWD 114 million in H1 2024. EBITDA increased by 21%, reaching KWD 58 million in H1 2025 compared to KWD 47 million in H1 2024. Ooredoo – Palestine In H1 2025, Ooredoo Palestine customer base stood at 1.5 million customers. Revenue decreased in H1 2025 to KWD 16 million and EBITDA decreased to KWD 6 million for the same period. The performance continued to be impacted by the ongoing conflict in Gaza and the West Bank. Ooredoo - Maldives In H1 2025, Ooredoo Maldives' customer base increased by 4% to 418 thousand customers. Revenue for H1 2025 was KWD 22 million, while EBITDA stood at KWD 12 million. For more information, please visit -Ends- For Media Inquiries: Ooredoo (NMTC) Naser AlArfaj , PR & Media PO Box 613, Safat 13007, Kuwait E-mail: nalarfaj@ About Ooredoo Kuwait (NMTC) Commercially launched in December 1999, the Company's share price as of 30 June 2025 was KWD 1.093, giving a market valuation for Ooredoo (NMTC) of KWD 0.5 billion.
Al Etihad
a day ago
- Al Etihad
Wall St opens steady as investors prepare for August 1 deadline
25 July 2025 17:46 (Reuters) Wall Street's main indexes opened steady on Friday following record closes for the S&P 500 and the Nasdaq in the previous session, while investors looked for signs of progress in trade talks as they braced for the August 1 tariff deadline. The Dow Jones Industrial Average rose 63.4 points, or 0.14%, at the open to 44757.28. The S&P 500 rose 6.7 points, or 0.10%, at the open to 6370.01, while the Nasdaq Composite rose 2.0 points, or 0.01%, to 21059.941 at the opening bell.
TECHx
a day ago
- TECHx
NETSCOUT Reveals Energy-Efficient InfiniStreamNG Design
Home » Emerging technologies » Cyber Security » NETSCOUT Reveals Energy-Efficient InfiniStreamNG Design NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a provider of observability, AIOps, cybersecurity, and DDoS protection solutions, announced improvements to its InfiniStreamNG platform that enhance energy efficiency and support IT sustainability. The company revealed that the intentionally efficient design and architecture of InfiniStreamNG reduces operational costs while improving sustainability outcomes. NETSCOUT reported that data center energy use is rising rapidly due to digital transformation and AI advancements. According to the International Energy Agency (IEA), global data center electricity use may more than double by 2030. U.S. data centers alone could consume more electricity than all energy-intensive industries combined. NETSCOUT's InfiniStreamNG and nGeniusONE solutions are built to deliver deep network visibility and analytics. Unlike multi-appliance systems, the InfiniStreamNG probe centralizes functionality, leading to a streamlined and energy-efficient setup. Key findings include:• A 23% average electricity reduction across 500+ InfiniStreamNG devices without compromising performance• Lower energy usage through reduced rack space and simplified deployments • Intelligent data processing that minimizes compute and storage needs Ray Jones, senior director of platform product management at NETSCOUT, said the company optimized the InfiniStreamNG platform to lower energy and operational costs while maintaining essential visibility in complex environments. The company also reaffirmed its commitment to sustainability. It has set science-based emissions reduction targets, aiming to cut absolute Scope 1 emissions by 57.4% and Scope 2 emissions by 42% by FY2030 from an FY2022 baseline. These targets have been validated by the Science-Based Targets initiative (SBTi). NETSCOUT stated that it is already making measurable progress or exceeding these environmental goals.
