Sunday 30 August 2015
 
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Telecom operator

Apple denies B2C plan for mobile services

Apple Inc, the world's most profitable mobile phone maker, has denied working on a plan to market communications services directly to consumers and bypass the telecom companies on which it has long relied to sell its products.

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Apple denies B2C plan for mobile services

Apple Inc, the world's most profitable mobile phone maker, has denied working on a plan to market communications services directly to consumers and bypass the telecom companies on which it has long relied to sell its products.

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Saudi Telecom Q2 net profit falls 8.7pc, misses estimates

Saudi Telecom Co (STC), the Gulf's biggest telecom operator by market value, blamed rising costs as it posted an 8.7 per cent fall in second-quarter profit on Wednesday to extend a profit slump and miss analyst estimates. The

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Ooredoo Oman Q2 net profit rises 16.2pc

Ooredoo Oman, the sultanate's No.2 telecom operator, reported a 16.2 per cent rise in second-quarter net profit on Tuesday. The firm, majority-owned by Qatar's Ooredoo, made a net profit of RO11.5 million ($29.9 million) i

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Du Q4 net profit falls 10pc to $140m

Du, the United Arab Emirates' No.2 telecom operator, reported a 10 per cent fall in fourth-quarter profit on Thursday, missing analysts' estimates. The firm, which ended rival Etisalat's domestic monopoly in 2007, made

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Mobily’s 4G coverage extends to 35 countries

Mobily, a leading telecom company in Saudi Arabia now provides 4G LTE international roaming services in 35 countries, including 61 leading, most popular and global telecommunications operators.   Mobily explained that the cove

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Mobily Q3 net profit plunges 71pc to $126m

Saudi Arabia's Mobily reported a 71 per cent tumble in third-quarter net profit on Monday, missing analysts' estimates, after the kingdom's second biggest telecom operator took provisions for bad debts and impairments on its investme

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Du aims for double-digit revenue growth in 2014

Du, the UAE's second-biggest telecoms operator, aims to maintain double-digit revenue growth and pay a half-yearly dividend in 2014, it said on Thursday after posting sharply slower growth in quarterly profits. Chief Executive

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Etisalat Q4 profit rises 70pc to $394m

Etisalat, the United Arab Emirates' biggest telecoms operator by revenue and subscribers, fell short of analysts' expectations with a 70 percent rise in fourth-quarter net profit. The former monopoly, which operates in abo

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Zain keen to keep Bahrain unit after IPO

Telecom operator Zain wants to retain majority control of its Bahraini subsidiary after the unit's initial public offering, but has yet to agree the exact terms of the share sale, the Kuwaiti firm's chief executive said on Sunday.

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