Monday 2 May 2016
 
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Telecom

Etisalat Q1 net profit falls 8pc to $544m

Abu Dhabi-listed Etisalat reported a 8 per cent fall in first-quarter net profit on Tuesday. Etisalat, which directly and indirectly operates in about 17 countries across the Middle East, Africa and Asia, made a net profit of Dh2

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Du Q1 net profit slips 1.4pc as tax rate rises

Du, the UAE's No 2 telecom operator, reported a 1.4 percent fall in first-quarter net profit on Tuesday after it paid a higher rate of tax than a year earlier. The firm, which ended rival Etisalat's domestic monopoly in 20

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Viva Kuwait Q1 net profit falls 5pc

Viva Kuwait reported a 5 percent fall in first-quarter net profit on Sunday, despite an uptick in revenues for the telecom operator. The Saudi Telecom Company (STC) subsidiary made a net profit of KD9.8 million ($32.5 million) in

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NavLink inks key EMEA telco services deal

NavLink, a key provider of managed information communication technology (ICT), has partnered with a leading cloud backup and recovery software provider Asigra to deliver backup-as-a-service to telcos and enterprises in Europe, Middle East and Af

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Saudi Telecom Q1 profit falls 5.2pc

Saudi Telecom Co (STC) missed estimates and extended an earnings slump as it reported a 5.2 percent fall in first-quarter profit on Tuesday. The former monopoly, which competes domestically with Etihad Etisalat (Mobily) and Zain S

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Ooredoo, Sparkle in deal to develop new telecom services

Ooredoo Global Services (OGS), the wholesale arm of Ooredoo and Sparkle, the international services arm of Telecom Italia Group and a leading global operator, have signed a deal for new telecommunication services and knowledge transfer.

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Batelco backs International Telecoms Week

Batelco, with its increasing focus on the global business market, has backed the upcoming International Telecoms Week (ITW) 2016 as its prime sponsor.   The event will run from May 8 to 11 at the Hyatt Regency an

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Nokia to cut thousands of jobs after Alcatel deal

Telecom network equipment maker Nokia is planning to cut thousands of jobs globally, including 1,400 in Germany and 1,300 in its native Finland, as part of a cost-cutting programme following the acquisition of Alcatel-Lucent earlier this year.

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Ooredoo Oman offers 'one region, one tariff' plan

Ooredoo Oman has unified its tariffs for customers travelling to GCC countries with the introduction of its ‘GCC one region one tariff’ scheme. The new scheme follows Oman Telecommunications Regulatory Authority's

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Al Abdooli appointed CEO of Etisalat Group

The board of directors of the Emirates Telecommunications Group Company (Etisalat Group) has appointed  Saleh Abdullah Al Abdooli as the chief executive officer of the group. With the restructuring, Al Abdooli will now manage

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