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Ooredoo posts 11pc Q2 profit dropQatari telecom operator Ooredoo reported a 11 percent drop in second-quarter profit on Wednesday. The former monopoly, which operates in about 15 countries across the Middle East, Africa and Asia, made a net profit of 817 million riyals ($224.4 million) in the three months to Jun More… |
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Etisalat launches smartphone protection plansEtisalat, the UAE’s leading telecommunication services provider, has launched the region’s first smartphone protection plans, which protect handsets within and outside UAE from theft and accidental damage. The protection plans are priced at Dh120 for a six-month cover More… |
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Tech Mahindra, Midad form Saudi JVTech Mahindra, a specialist provider of connected solutions, has signed a joint venture agreement with Midad Holding, which is a subsidiary of Al Fozan, a leading Saudi group with diversified business interests. Tech Mahindra will have 51 per cent ownership while Midad will More… |
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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… |
