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Batelco first-quarter net profit falls 17pcBahrain-based Batelco Group, a leading telecom company, made a net profit of BD13.4 million ($35.5 million) in the first quarter of the year, down from BD16.1 million during the same period in 2012, marking a drop of 17 per cent. More… |
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Du, AUD in tie-up to launch scholarship schemeDu, a leading telecom operator in the UAE, will provide 300MBs Internet bandwidth to the American University in Dubai (AUD) until 2017, in return for which the higher education institution will provision du with scholarships. More… |
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Omantel Q1 net profit down 2.5pcOman Telecommunications (Omantel) said first-quarter net profit fell 2.5 per cent as rising costs outstripped revenue growth. Yet the former monopoly's earnings topped analysts' forecasts, with the operator increasing its More… |
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Qatar Foundation to take Bharti board seatQatar will be taking a board seat and plans to be an active investor in Bharti Airtel, the Indian telecoms group in which one of its investment vehicles has agreed to buy a 5 per cent stake, a person close to the Qataris said. &qu More… |
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Viva, Microsoft launch first Windows 8 appViva, the newest player in the Bahrain telecom sector, has joined hands with Microsoft to launch a new application (app) designed exclusively for VIVA on Windows 8 user friendly interface. More… |
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Nawras wins big at Oman Web AwardsNawras, an Ooredoo company and a top telco in Oman, has picked up four trophies at the recent Oman Web Awards in Muscat. Nawras was honoured with the Diamond Award for Website of the Year for the recently launched and enhanced Naw More… |
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Nawras net profit falls 21pc in Q1Nawras, a top telecom operator in Oman, made a net profit of RO7.7 million ($20 million) in the three months of the year, down from RO9.8 million in the year-earlier period, marking a 21 per cent drop as text and domestic call income fell. More… |
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Du seeks applications for career programmeUAE telecom operator du has announced that it is currently accepting applications for the 2013 intake of students into its Masar Sponsorship Programme. The programme gives Emirati st More… |
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Saudi Telecom profits plunge 38.5pcSaudi Telecom Co (STC), the Gulf's No.2 telecom operator, reported a 38.5 percent year-on-year plunge in first-quarter net profit on Sunday, far below market expectations, after taking charges relating to an affiliate in In More… |
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Du starts cash dividend distributionUAE's integrated telecommunications company du said it has started distributing cash dividends worth 30fils per share cash to its shareholders thus representing an yield of 8.6 per cent.. Announcing this at the company AGM, du More… |
