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MSE:DHIRAAGU News 16 April 2025

Maldives’ Internet Revolution: From Remote Atolls to a 5G-Powered Paradise

Maldives’ Internet Revolution: From Remote Atolls to a 5G-Powered Paradise

Dhiraagu (Dhivehi Raajjeyge Gulhun) was established in 1988 as the Maldives’ first telecom operator and former state monopoly. By 2000, basic telephone service had reached all inhabited islands and dial-up internet was available nationwide. In 2003 Focus Infocom received a second ISP license, and in 2005 Wataniya (Ooredoo Maldives) entered mobile service, ending Dhiraagu’s 17‑year monopoly. The Maldives’ telecom market is a duopoly dominated by Dhiraagu and Ooredoo, with Dhiraagu posting about MVR 2.8 billion revenue in 2019 and Ooredoo about MVR 2.03 billion, and Dhiraagu is 52% owned by Batelco and roughly 42% by the Maldivian government. 2G service

Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 08.02.2026

8 February 2026
LIVEMarkets rolling coverageStarted: February 8, 2026, 12:00 AM ESTUpdated: February 8, 2026, 12:43 AM EST Dollar Falls Amid Stock Market Rally and Hawkish Fed Comments February 8, 2026, 12:43 AM EST. The U.S. dollar index dropped by 0.19% on Friday as equities rallied sharply, reducing the demand for the dollar as a liquidity asset. Despite hawkish Federal Reserve statements emphasizing the need for restrictive monetary policy to combat inflation, the dollar's decline was influenced by weaker U.S. labor market data and expectations of a 19% chance of a Fed rate cut next month. The University of Michigan's consumer sentiment index
Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

8 February 2026
Tower Semiconductor shares rose 7.7% to $139.04 Friday after announcing a collaboration with Nvidia on AI data-center networking. The stock touched $141 intraday and gained another 1% after hours. Investors await Tower’s Feb. 11 earnings for details on its silicon photonics work. No financial terms or shipment timeline were disclosed.
Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

8 February 2026
Longsys disclosed new guarantees for a 100 million yuan Hong Kong loan and a $9 million Brazil credit line, bringing its total approved guarantee quota to 11 billion yuan and outstanding guarantees to 5.81 billion yuan. The company said all guarantees are for consolidated subsidiaries and within approved limits. Shares closed at 288 yuan Friday, down 1.6%. China inflation and credit data are due this week.
MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

8 February 2026
MACOM shares rose 3.5% to $235.87 Friday after the company reported fiscal Q1 revenue of $271.6 million and raised its full-year data center growth outlook to 35–40%. Fidelity’s FMR LLC disclosed a 10.7% stake, while shareholder Susan Ocampo filed to potentially sell up to 100,000 shares. Stifel raised its price target to $255. MACOM expects to repay $161 million in convertible notes in March.
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