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Etisalat India mobile phone JV to shut down operations

Etisalat India mobile phone JV to shut down operations

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
 
UAE telco Etisalat wants piece of Libyan market

UAE telco Etisalat wants piece of Libyan market

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 telco Zain posts 2011 profit of $1.03B

Kuwait telco Zain posts 2011 profit of $1.03B

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 Mobily signs $2.7B loan refinancing

Saudi Mobily signs $2.7B loan refinancing

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
 
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