Friday 19 December 2014
 
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Telecom operator

Mobily Q3 net profit plunges 71pc to $126m

Saudi Arabia's Mobily reported a 71 per cent tumble in third-quarter net profit on Monday, missing analysts' estimates, after the kingdom's second biggest telecom operator took provisions for bad debts and impairments on its investme

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Du aims for double-digit revenue growth in 2014

Du, the UAE's second-biggest telecoms operator, aims to maintain double-digit revenue growth and pay a half-yearly dividend in 2014, it said on Thursday after posting sharply slower growth in quarterly profits. Chief Executive

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Etisalat Q4 profit rises 70pc to $394m

Etisalat, the United Arab Emirates' biggest telecoms operator by revenue and subscribers, fell short of analysts' expectations with a 70 percent rise in fourth-quarter net profit. The former monopoly, which operates in abo

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Zain keen to keep Bahrain unit after IPO

Telecom operator Zain wants to retain majority control of its Bahraini subsidiary after the unit's initial public offering, but has yet to agree the exact terms of the share sale, the Kuwaiti firm's chief executive said on Sunday.

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Ooredoo gears up for debut sukuk

Ooredoo, Qatar's leading telecom operator, said it has hired five leading banks to arrange the sale of its first dollar-denominated Islamic bond (sukuk) offering. The banks mandated for the sukuk are DBS Bank, Deutsche Bank, H

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Nawras unveils offer on Internet, voice

Nawras, a leading telecom operator in Oman and an Ooredoo company, is offering businesses one month’s free voice and Internet services to mark the Khareef season. For the next three months, Nawras Internet & Voice Profes

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Mobily proposes Q2 dividend of $0.32 per share

Etihad Etisalat (Mobily), a leading telecom operator in Saudi Arabia, is proposing a dividend for the second quarter of 2013 of 1.2 riyals ($0.32) per share, a bourse filing said on Wednesday, a 20 percent increase on last year. T

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Du, Apple to launch shop-in-shop concept

Du, a top telecom operator in the UAE, has teamed up with Apple to launch the region’s first Apple carrier shop-in-shop concept that will see Apple shops opening in various du shops across the UAE. Maher Murad, vice presiden

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Batelco promotes e-Channel bill payments

Batelco, Bahrain’s leading telecom services provider, is offering prizes to customers who use its e-Services portal or QuickServe machines to make bill payments on time. Customers using the e-Services between May 27 and Nove

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Etisalat Nigeria signs $1.2bn refinancing loan

Etisalat's Nigeria affilate has signed a $1.2 billion refinancing loan with 13 Nigerian banks, the United Arab Emirates' leading telecom operator said on Tuesday. The medium-term facility will be used to refinance an exist

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