Operator groups in MENA had mixed results in 2021 as they slowly recovered from the impact of COVID-19
19 April 2022 | Research and Insights
Article | PDF (3 pages) | Middle East and Africa Metrics and Forecasts
A few operators in the Middle East and North Africa (MENA) reported a decline in revenue in 2021. This group includes Omantel and Zain. Conversely, e& (formally Etisalat group) and Ooredoo reported a return to revenue growth in 2021, and stc reported having a higher revenue growth rate in 2021 than in 2020 thanks to a strong performance in the home market. All five of the operator groups in the region (e&, Omantel, Ooredoo, stc and Zain) expanded their 5G coverage in 2021 and reported a strong take-up of digital services including mobile financial services and ICT services.
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