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Etisalat Group posts solid Q1 growthEtisalat Group, a leading regional telecom operator across emerging markets in Middle East, Africa and Asia, has registered a solid 17 per cent growth in its revenue for the first quarter which soared to Dh9.6 billion ($2.61 billion). More… |
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Zain Bahrain told to complete share sale by year-endZain's Bahraini unit must complete an initial public offering by December-end to comply with its licence terms, the kingdom's telecom regulator has said. Zain Bahrain has been instructed More… |
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Target shortage feeds desperate Mideast telco M&A(The author is a Reuters Breakingviews columnist. The opinions expressed are her own) A scarcity of takeover targets is feeding a desperate scramble in Middle East telecoms M&A. Bahrain's incumbent operator Batelco is eyei More… |
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Etisalat not to quit foreign marketsEtisalat, the Gulf's No.2 telecommunications operator, will not completely sell out of any of its foreign markets, the company's chief executive said on Sunday. The UAE firm, which operates in about 17 countries in Africa, More… |
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Iraqi telco IPOs unlikely before mid-2012Iraq's three mobile operators are unlikely to conduct initial public offerings until the middle of next year and will not be penalised for missing an August 2011 deadline, the country's regulator said on Thursday. Under the terms of their More… |
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Masraf eyes $1bn in telco, property acquisitionsQatari Islamic lender Masraf Al-Rayan said on Tuesday it plans to invest up to $1 billion this year buying stakes in companies and investing in funds in sectors from telecommunications to real estate. Masraf expects to complete up to five More… |
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Kuwait to cut foreigners out of telco saleKuwait will exclude foreign firms from an auction to sell 26 percent of a mobile phone operator set up by the government, a report said. The government said earlier this year it was planning to open the auction to foreign operators and pub More… |
