Monday 23 December 2024
 
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UAE telecom

Etisalat Group Q1 consolidated revenues hit $3.56bn

UAE's leading telecom services operator Etisalat Group said its consolidated revenues for the three months ending March 31, 2018, surged to Dh13.1 billion ($3.56 billion), up 5 per cent year-over-year. Announcing the results,

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Du Q1 profit edges up 4.8pc to $133 million

Du, the United Arab Emirates' No.2 telecom operator, made a net profit of 490.3 million dirhams ($133.5 million) in the three months to March 31, up from 467.9 million dirhams in the year-earlier period, reflecting an increase of 4.8 percent

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Du inks $720m loan financing deal

UAE telecom firm du has agreed terms on a $720 million loan which will be used to replace two existing debt facilities and lower the company's funding costs, two banking sources said on Sunday. The five-year loan will be provi

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Etisalat completes first phase of key IT project

UAE's leading telecom services operator Etisalat has announced the completion of the first phase of a major business transformation project aimed at simplifying business processes and deploying a converged Business Support Systems (BSS) arch

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Etisalat stalls $800m Pakistan payment

Etisalat has told Pakistan it will not the pay the $800 million it owes the government from buying a stake in the country's state telecom operator until a property dispute is entirely resolved, two senior finance ministry sources said.

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Du unveils special free minutes offer

UAE telecom services operator du has launched an exciting free minutes promotion to boost its ‘My Number, My Identity’ campaign and get its customers to register before the deadline set by Telecommunications Regulatory Authority (TRA

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Etisalat puts up good show at Gitex

UAE’s leading telecommunications operator Etisalat said the recent Gitex was a huge success with the company launching significant range of services and applications for consumers and businesses at the mammoth ICT event. Eti

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Al Hilal signs up for new Etisalat data centre

Etisalat’s new data centre in Jebel Ali has welcomed its first customer, with leading UAE bank Al Hilal Bank signing an agreement to host their disaster recovery functions at the facility. The signing with the Abu Dhabi-base

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Huawei eyes Etisalat, Saudi Telecom contracts

China's Huawei Technologies is in talks with Gulf telcos Etisalat and Saudi Telecom to manage their fixed-line networks, an executive said, potentially cementing its leadership of a $1 billion regional industry. Huawei, the world's

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Etisalat revamps board, names new chairman

Etisalat, the UAE's leading telecoms operator, overhauled its board on Tuesday, replacing long-serving chairman Mohammad Omran and naming six new directors following a decree by the Abu Dhabi ruler. The changes come as Etisalat, which

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