Telcos could lose up to $172 billion from core revenues in five years if they fail to make improvements to their voice and messaging strategies, said a report.
The new report from the Telco 2.0 Initiative, founded by analyst and c
Network sharing in the UAE, which will allow customers to choose their preferred telecom operator, is facing delays because telcos have yet to agree on commercial terms for the arrangement, the country's regulator said on Monday.
Potential issuers need to get real about prices they can fetch if the telecoms, retail and energy sectors as well as prized government assets are to lead a revival in Gulf initial public offerings (IPOs), say analysts.
The gains in telecom and petrochemical stocks led Saudi shares higher in early trading despite a three-day losing streak for oil prices.
The all-share index was up 0.4 per cent at 6,325 points lifted mainly by a 0.8 per cent rise by the pe