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Dubai Holding eyes sale of remaining stage in Axiom

Dubai Holding eyes sale of remaining stage in Axiom

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 telco Du Q4 profit rises 15 percent

UAE telco Du Q4 profit rises 15 percent

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
 
Egypt mobile phone subscriptions up 18 percent in 2011

Egypt mobile phone subscriptions up 18 percent in 2011

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
 
World’s fastest smartphone unveiled…but is it cool?

World’s fastest smartphone unveiled…but is it cool?

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
 
SICO Research raises Batelco to buy

SICO Research raises Batelco to buy

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’s Etisalat cuts costs through outsourcing, sues Indian JV partners

UAE’s Etisalat cuts costs through outsourcing, sues Indian JV partners

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’s Etisalat cuts costs through outsourcing, sues Indian JV partners

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’s BATELCO says India stake sale to lift 2012 profit

Bahrain’s BATELCO says India stake sale to lift 2012 profit

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
 
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
 
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