Naver Corp, the operator of South Korea’s leading internet portal, says it has plans to establish a Middle Eastern unit in Saudi Arabia within this year as part of efforts to expand its global business.
Data from Dell’Oro Group showed Huawei was the leading telecom equipment vendor by revenue in 2023, but the overall market had contracted 5% year-on-year, snapping five years of consecutive growth.
Ericsson has extended its managed services and customer support contract with e& Egypt for another five years, pledging to enhance the operator’s AI integration and operational efficiency as part of the renewed agreement.