Friday 27 February 2015
 
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Telecom

Mobily swings to 2014 loss; trading in shares suspended

Saudi Arabia's Mobily on Wednesday said it swung to a full-year loss in 2014 after the telecommunications operator announced its audited results, also revealing it had breached loan covenants with various lenders. Mobily -- fo

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Mobily sacks CEO after accounting probe

Saudi Arabia's Etihad Etisalat (Mobily) has sacked its chief executive Khalid Al-Kaf, who had been suspended since November pending an investigation into accounting practices at the telecom operator, it said on Wednesday. Al-K

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Du launches all-in-one prepaid plan

Du, the UAE's No.2 telecom operator by subscriber numbers, said it has launched a first-of-its-kind new Prepaid Plan – ‘Extra Social’, an addition to the family of social plans. As per the scheme, prepaid cus

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Mobily chairman quits; new head named

The chairman of Saudi Arabia's Etihad Etisalat (Mobily) has resigned with immediate effect, the kingdom's No 2 telecommunications operator said on Tuesday. Abdulaziz Al-Saghyir quit due to health reasons, but will remain o

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Bahrain’s TRA set to force telephone masts sharing

Bahrain’s telecom operators could be forced to share telephone masts as part of new government regulations, Transportation and Telecommunications Minister Kamal Ahmed told a press conference after the weekly Cabinet session yesterday (Febr

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Saudi regulator cuts call connection fees by 40pc

Saudi Arabia's telecommunications regulator has slashed call termination fees by 40 per cent, a move which is seen as mostly benefiting Zain Saudi, the smallest of the kingdom's three mobile network operators. Termination

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Batelco CEO leaves; Hinnawi named acting CEO

Batelco Group, the international telecommunications group with operations across 14 countries, has announced that its group CEO  Alan Whelan will be leaving the company. Ihab Hinnawi, CEO at Batelco’s sister company Umn

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New rules for prepaid telecom registration in Bahrain

Bahrain’s Telecommunications Regulatory Authority (TRA) has published a public consultation on ‘Prepaid Telecommunications Services Registration Regulations’ on its website recently. Dr Khalid Bin Dais Al Khalifa

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Omantel Q4 net profit falls 11pc

Oman Telecommunications (Omantel) reported an 11 per cent fall in fourth-quarter profit on Sunday, according to Reuters calculations, missing analysts' estimates as it ended a run of five straight quarters of rising earnings.

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Egypt set to issue landline licences in weeks

Egypt will issue landline telecom licences to participating mobile operators within weeks, the country's communications minister said on Wednesday, in a move that will end state-owned Telecom Egypt's fixed-line monopoly. I

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