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Telecom Egypt says second quarterly net profit drops 25 percent

Landline monopoly Telecom Egypt reported a 25 percent drop in second-quarter net income on Wednesday, pushed lower by weaker revenue and employee demands for higher pay since the country's president was overthrown in a popular uprising.

August 8, 2012 4:27
 
Saudi Zain Telecom

Saudi telecom’s profit beats forecasts

Saudi Telecom Co (STC), the Gulf's No.1 telecoms operator, reported a 6.7 percent rise in second-quarter profit on Wednesday, beating analysts' estimates.

July 19, 2012 12:35
 
Saudi-Telecom

Saudi Telecom appoints Khaled al-Ghoneim as new group CEO

Saudi Telecom Co, the Gulf's No.1 telecoms operator, has appointed Khaled al-Ghoneim as group executive, the former monopoly said on Wednesday.

June 6, 2012 7:06
 
Saudi Zain Telecom

Five banks to underwrite $1.6 billion Zain Saudi share issue

Lead manager Saudi Fransi Capital, the investment banking unit of Banque Saudi Fransi, and Rajhi Capital, part of Al-Rajhi Bank, will each underwrite 44.8 percent of the issue's 600 million shares.

June 6, 2012 11:47
 
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