Monday 27 February 2017
 
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Telecom

Zain Group records $3.6bn revenue in 2016

Zain Group, a leading mobile telecom innovator in eight markets across the Middle East and Africa, has generated consolidated revenues of KD1.1 billion ($3.6 billion), down four per cent over the previous year. Announcing its four

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Batelco Bahrain CEO highlights new digital solutions

Batelco, Bahrain’s leading telecommunications provider, is developing new services and solutions in line with the new digital age and customer demand, said Batelco Bahrain CEO Engineer Muna Al Hashemi. Al Hashemi was attende

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Ooredoo Oman appoints new chief financial officer

Oman's Ooredoo, a leading telecom company, has announced the promotion of Abdul Razzaq Al Balushi as the chief financial officer. He takes over from Jorgen Latte, who retired on February 1 as CFO. In his new pos

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Mobily wins $2.1bn refinancing facility

Saudi telecom operator Mobily announced today that it has concluded with a group of Saudi banks an SR7.9 billion ($2.1 billion) Murabaha facility to refinance a significant part of its current debt. The banks include: National Com

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Mobily wins $2.1bn refinancing facility

Saudi telecom operator Mobily announced today that it has concluded with a group of Saudi banks an SR7.9 billion ($2.1 billion) Murabaha facility to refinance a significant part of its current debt. The banks include: National Com

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Du parent launches Virgin Mobile in UAE

Emirates Integrated Telecommunications Company (EITC), a fully licensed telecom operator in the UAE and the owner of du, today introduced its second brand, Virgin Mobile, in a strategic decision to strengthen its telecommunications offerings.

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Batelco embarks on major global expansion drive

Batelco, as leading player in the telecommunications industry, continues to grow its global presence through its strategic global network expansion projects. The comprehensive plan supports the requirements of businesses in Bahrai

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Zain Saudi Q4 net profit surges 7pc to $303m

Zain Saudi Arabia, a leading telecommunications provider in the kingdom, has registered a gross profit of SR1.14 billion ($303 million) in the fourth quarter, up 7 per cent over SR1.06 billion ($282 million) for the same period in 2015.

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Bahrain spectrum panel approves frequencies plan

Bahrain’s Spectrum Strategy Coordination Committee approved the national plan for frequencies at a meeting held recently. The meeting was chaired by Mohamed Ali AlQaed, chief executive of Information and eGovernment Authorit

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UAE mobile subscriber numbers hit 18m

The number of active mobile subscriptions in the UAE has continued to grow, reaching about 18 million by the end of 2015 with a penetration rate of 209.8 per cent, one of the highest rate in the world. The average revenue per user

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