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UAE handset market to grow 7pc yearly

The UAE's mobile phone market has been forecast to grow annually at 7 per cent valued at Dh1.4 billion ($374 million) by 2014, according to research reports. Further, the sale of smart phone devices in the Middle East would reach 8.5 m

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Axiom Telecom in JV deal with Indian firm

Axiom Telecom of the United Arab Emirates and India's top listed retailer, Pantaloon Retail India Ltd, have entered a joint venture agreement to distribute mobile handsets. The equal venture, with an equity base of up to $40 million,

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