Friday 25 July 2014

Vodafone Qatar beats forecasts with smaller loss

Vodafone 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


Mideast firms warned over new cyber threats

Cyber 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


Batelco wins order freezing former partner's assets

A 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


Mobily Q2 profit hit by Atheeb deal provision

Etihad 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


Oxygen appoints new MEA strategic marketing director

Oxygen, 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


Huawei pilot scheme backs ‘green’ supply chain

Huawei, 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.   


India deal: Batelco seeks payment of $212m claim

Batelco 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


Saudi Telecom Q2 profit nearly doubles

Saudi 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


Etisalat profit jumps 26pc on Maroc Telecom buy

Etisalat 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


Batelco-Mobily deal offers LTE roaming in Saudi

Batelco, 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

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