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Vodafone Qatar beats forecasts with smaller lossVodafone Qatar, an affiliate of Vodafone Group, reported a narrowing first-quarter loss on Tuesday, beating the average forecast of analysts as revenue and subscriber numbers jumped. The No 2 telecoms operator in Qatar made a net loss of 27.4 million riyals ($7.5 million) in the More… |
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Mideast firms warned over new cyber threatsCyber criminals in Nigeria have evolved common malware campaigns to infiltrate businesses in the Middle East that have not previously been their primary targets, a recent report has warned. The new report ‘419 Evolut More… |
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Batelco wins order freezing former partner's assetsA British court has ordered a worldwide freeze on assets of Batelco's former Indian investment partner Siva Limited and its chairman Chinnakannan Sivasankaran. The Bahrain-based international telecommunications group s More… |
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Mobily Q2 profit hit by Atheeb deal provisionEtihad Etisalat (Mobily), Saudi Arabia's No 2 telecom operator, matched forecasts on Monday despite a 18.6 percent fall in second-quarter net profit caused by a provision against a scrapped network sharing deal with Atheeb Telecom. Mobily, an affiliate of the UAE's Etisal More… |
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Oxygen appoints new MEA strategic marketing directorOxygen, a leading secure mobility value-added-distributor (VAD) in the region, has appointed Rohan Daniel Nair as its new strategic marketing director for the MEA region. In his new role, Nair will be responsible for More… |
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Huawei pilot scheme backs ‘green’ supply chainHuawei, a leading global ICT solutions provider, has launched a pilot scheme among 24 suppliers to support its global supply chain to go ‘green’, making its end-to-end operations more environmentally sustainable. More… |
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India deal: Batelco seeks payment of $212m claimBatelco Group, the Bahrain-based international telecommunications group with operations across 14 countries, has demanded full payment of the judgment debt totalling $212 million awarded by the English High Court of Justice against Chinnakannan Sivasankaran and Siva Limited (the defendants) fol More… |
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Saudi Telecom Q2 profit nearly doublesSaudi Telecom Company (STC), the Gulf's biggest telecommunications operator by market value, reported a 96 percent surge in second-quarter profit on Monday, beating analysts' estimates because of a change in the valuation of an Asian divestment. The firm, which competes d More… |
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Etisalat profit jumps 26pc on Maroc Telecom buyEtisalat reported a 26 percent jump in second-quarter profit on Sunday, beating analysts' estimates, as the UAE firm's acquisition of a majority stake in Maroc Telecom bolstered its bottom line. The former telecom monopoly, which operates in 19 countries across the Middle More… |
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Batelco-Mobily deal offers LTE roaming in SaudiBatelco, Bahrain’s leading telecommunications services provider, has launched 4G LTE data roaming services to customers travelling in Saudi Arabia, in a deal with Saudi Arabia’s Mobily. The customers need not s More… |
