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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
 
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
 
Omantel Q4 net profit up 10 percent as subscriber base grows

Omantel Q4 net profit up 10 percent as subscriber base grows

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
 
Etisalat invites bids for African Towers

Etisalat invites bids for African Towers

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 Arabia may cut connection fees in 2013

Saudi Arabia may cut connection fees in 2013

Saudi Arabia may cut call-termination rates for telecom operators in 2013, the chief executive of Etihad Etisalat (Mobily) told Reuters, in a move that would spur increased competition in the Kingdom.

January 25, 2012 2:05
 
Corporate row cuts off 1.7M Indian mobile phone users

Corporate row cuts off 1.7M Indian mobile phone users

Row between Etisalat DB and Reliance Comms; Reliance says disconnected EDB due to non-payment of fees; EDB says had faced network disruption since Friday; EDB cits technical issue beyond its control

January 25, 2012 1:55
 
Batelco buys Jordan 3G telco licence for $70M

Batelco buys Jordan 3G telco licence for $70M

Batelco Group has bought a third-generation (3G) telecoms licence in Jordan for 50 million dinars ($70 million), the Bahraini operator said in a statement on Tuesday.

January 25, 2012 1:53
 
UAE telco Etisalat appoints new head of Asia ops

UAE telco Etisalat appoints new head of Asia ops

UAE telecoms operator Etisalat has appointed a top executive as its new chief regional officer for Asia, in the latest reshuffle at the former monopoly.

January 25, 2012 1:45
 

Batelco eyes tower sales in Bahrain, Jordan

Bahrain Telecommunications (Batelco) is eyeing a sale and lease back deal for its tower assets in Bahrain and Jordan, a banking source familiar with the matter said, in a move that would raise funds for potential acquisitions.

December 4, 2011 1:48
 

Kuwait’s Kharafi says committed to Zain

Kharafi Group not looking to sell its stake in Zain; Zain to keep existing mobile licences; Zain targets ISPs, submarine cables, bets on data to lift revenue

November 23, 2011 10:57
 
Small-time internet shops threaten UAE telcos

Small-time internet shops threaten UAE telcos

With strong demand from UAE expatriates, back alley internet shops are offering VoIP despite government restriction and at a tenth of Etisalat and du’s regulated prices, making them tough competition.

November 10, 2011 4:30
 

Oman telco Nawras to reduce capital spend and costs

Capital expenditure to fall from 2012 as network built out; Q3 net profit 13.5 mln rials vs 12.5 mln rials a year ago; Subscriber numbers fall 3.6 pct year-on-year

October 27, 2011 2:04
 
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