Dubai Holding, the conglomerate owned by the ruler of Dubai, is considering a sale of its remaining 26-percent stake in local mobile phone retailer Axiom Telecom, three sources familiar with the matter said.
March 13, 2012 2:18
UAE telecoms operator du on Tuesday reported a 15.4 percent rise in its fourth-quarter net profit before royalty payments, beating analysts estimates, as the telco added more subscribers during the quarter.
March 6, 2012 11:13
The number of mobile phone subscriptions in Egypt rose 18 percent to 83.43 million last year, shrugging off an economic crisis sparked by the overthrow of President Hosni Mubarak, government figures showed on Thursday.
March 1, 2012 1:45
Huawei has made strides delivering one of the best technological advances in smartphone technology. Now it's up to the marketing to get Apple, Samsung, Blackberry and Nokia fans to notice.
February 27, 2012 3:07
Bahrain Telecommunications Co (Batelco) is poised to recover its investment in Indian affiliate S Tel after selling its 43 percent stake in the unit, SICO Research said, raising its long-term rating on the stock to "buy" from "add."
February 27, 2012 1:17
UAE telecoms operator Etisalat will outsource network maintenance and support services while abroad, it plans to sue Indian JV partners for fraud
February 25, 2012 12:41
UAE telecoms operator Etisalat will outsource network maintenance and support services while abroad, it plans to sue Indian JV partners for fraud
February 25, 2012 12:38
Bahrain Telecommunications Co's (Batelco) sale of its stake in Indian affiliate S Tel will help it achieve double-digit profit growth in 2012, the former monopoly said on Wednesday.
February 23, 2012 11:17
UAE telecom operator Etisalat on Wednesday said it would shut down the operations of its Indian joint venture, three weeks after an Indian court cancelled the affiliate's licence amid a corruption probe.
February 23, 2012 11:11
Etisalat, the Gulf's largest telecom firm, wants to acquire a licence in Libya or invest in one of the North African country's existing operators, its chairman told Reuters on Monday.
February 14, 2012 2:46
Kuwait's Zain posted a net profit of $1.03 billon in 2011, up from $1.02 billion in the previous year, the state news agency KUNA reported on Monday.
February 14, 2012 2:36
Saudi Arabia's Etihad Etisalat (Mobily) signed a 10 billion riyals ($2.67 billion) sharia-compliant loan refinancing with a group of seven local banks, the telco said on Sunday, taking advantage of favourable borrowing rates in the kingdom.
February 12, 2012 2:26
Oman Telecommunications Co (Omantel) on Tueday reported a 10.3 percent rise in fourth-quarter net profit, beating forecasts as the majority state-owned operator's subscriber base grew.
February 8, 2012 12:26
UAE telecoms operator Etisalat has invited bidders for its telephone tower operations in Africa, two sources familiar with the matter told Reuters on Wednesday.
February 2, 2012 1:37
Saudi Arabian telco Etihad Etisalat (Mobily) lacks the spectrum to roll out a highly-touted next generation mobile network, its chief executive told Reuters, hampering efforts to offset falling voice margins with more lucrative data packages.
January 26, 2012 1:49