Monday 1 September 2014

Viva Kuwait wins regulator's approval for listing

Viva Kuwait, the country's number-two mobile operator by subscribers, has received regulatory approval to list on the local stock exchange nearly six years after it completed an initial public offering, the company said on Sunday. The Saudi Telecom Company affiliate made the


Bahrain TRA to resolve disputes within 5 months

The Telecommunications Regulatory Authority Bahrain (TRA) has committed to resolve disputes within a maximum period of five months in its newly released Dispute Resolution Guidelines. In addition, TRA will introduce an informal stage wherein it shall act as a mediator with the ob


Batelco’s Bahrain operations CEO resigns

The chief executive of Batelco's domestic unit has resigned, the Bahraini telecom operator said on Sunday. Rashid Abdulla stepped down after 40 years with the company, according to a company statement. No reason for his resignation was given. Group chief execut


Batelco vows to pursue $212m claim against Siva

Bahrain-based Batelco Group of Companies has expressed its determination to recover the $212 million from Chinnakannan Sivasankaran and his firm following his recent bankruptcy declaration. BMIC Limited, a wholly owned subsidiary of the Batelco, had successfully obtained over rec


Mobily launches new fund for IT startups

Saudi Arabia-based telecom operator Mobily has announced the launch of a new fund that will invest in emerging Internet and Information Technology startups. The company continues to foster its position of innovation and market leadership by the launch of “Mobily Ventures&rd


KDDI to build new telehouse data centres

KDDI, a global telecommunications provider, has announced that it will invest $270 million (28 billion Yen) in building two new telehouse data centres: “Telehouse Osaka 2” and “Telehouse Tokyo Tama 3”. The telehouse centres are scheduled to open in August 2015 a


Bombings shut down Zain Iraq's network in Kirkuk

A spate of deadly bombings that struck Kirkuk in northern Iraq at the weekend has damaged and temporarily shut down telecoms operator Zain Iraq's network in the province, a company source told Reuters on Monday. Three bombings that appeared to target Kurdish forces killed 18


New graphics solution for Google chromebooks

VMware, Nvidia and Google have announced a collaborative effort to deliver high-performance virtual desktops and workstation-class graphics to Google Chromebooks. The joint effort was announced at the VMworld 2014 event. Showcased as a technology preview, the solution demo


UAE wins ‘Summit Creative Award’ for govt website

The Emirates Identity Authority (Emirates ID) has won the ‘Summit Creative Award’ in the best government website category in a stiff contest that saw organizations from 24 countries from around the world putting up their best. The award


Mobily set to move towards ICT leadership in region

Saudi Arabia-based telecom operator Mobily is set to transform from a telecommunication provider to a leading information, communication and technology (ICT) services provider by 2020. This plan has necessitated the building of data centres across Saudi Arabia, said a statement.

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