Friday 30 January 2015
 
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Telecom

Moody's changes Ooredoo outlook to negative

Moody's Investors Service has changed to negative from stable the outlook on the A2 long-term issuer rating of Qatar's leading telecom company, Ooredoo. "Profitability in Ooredoo's core markets has been declining

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Zain Saudi cuts losses; higher internet demand helps

Telecoms operator Zain Saudi reported a reduced fourth-quarter loss on Wednesday, beating analysts' forecasts due to higher demand for Internet services and lower maintenance costs. The company has yet to make a quarterly prof

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Mobily swings to huge Q4 loss

Etihad Etisalat (Mobily), Saudi Arabia's No 2 telecom operator which in November re-stated 18 months of profits, swung to a shock fourth-quarter loss on Wednesday. Mobily, an affiliate of the UAE's Etisalat, made a net los

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New director general for UAE TRA

The UAE President HH Sheikh Khalifa Bin Zayed Al Nahyan has issued a federal decree appointing Hamad Obaid Al Mansouri as director general of the Telecommunications Regulatory Authority (TRA). Al Mansouri has been the director gen

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Ooredoo Kuwait wins appeal against $125m fine

Ooredoo Kuwait has won a court appeal against a KD36.69 million ($124.97 million) judgement in favour of the Ministry of Communications, the telecom operator said in a bourse statement on Tuesday. The ministry claimed Ooredoo Kuwa

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Huawei 2014 smartphone sales rise by a third

Huawei Technology’s smartphone sales rose by almost a third to $11.8 billion in 2014, according to an internal memo seen by Reuters, showing the Chinese telecoms firm's continued ascent in the global handset wars. The di

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Ericsson in deal to transform Ethio Telecom’s network

Ericsson, a leader in communications technology and services, has signed a framework agreement on 2G/3G mobile communication equipment and related services, with Ethio Telecom. It includes design, planning, deployment, tuning, and

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Bahrain’s TRA to present new telecom model

Bahrain’s Telecommunication Regulatory Authority (TRA) has studied a new telecommunications interconnection model that aims at enabling operators to reduce costs and offer lower tariffs to end consumers, it was announced. Th

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Bahrain’s TRA revokes licence of Al Zubara

Bahrain’s Telecommunications Regulatory Authority (TRA) has revoked Al Zubara International Trading's telecommunication licence. This is further to the TRA's notice published on May 1 in the Official Gazette and on i

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80pc customers satisfied with Bahraini telecom services

More than 80 per cent of customers are satisfied with their telecommunications services in Bahrain, according to the latest Telecommunication Regulatory Authority (TRA) survey. The results also indicated an increased number of peo

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