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Middle East telecom firms 'in M&A spotlight'Middle East telecoms take centre stage in the coming week as a consolidation phase looks set to begin, but weak third-quarter earnings from major Gulf banks could be a drag on stocks. A rare merger and acquisition (M&A) play, which fol More… |
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Etisalat Q1 revenues 'positive'Emirates Telecommunications Corporation (Etisalat) has suffered no impact from the global financial crisis and expects to post positive first-quarter revenue figures, its chief executive said. 'The corporation did not observe any negat More… |
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Etisalat in talks to enter Indian telecom sectorEmirates Telecommunications Corporation (Etisalat) said on Wednesday it held meetings with India's Spice Communications and others about possibly making investments to enter the Indian telecom market. Shares of Spice, which plans to list i More… |
