Monday 20 November 2017
 
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Batelco Group H1 net profit tops $50m

Bahrain-based Batelco Group, a global telecom company with operations across 14 countries, has posted a net profit of BD19 million ($50.4 million) for the first half (H1) of the year. The net profit was a 16 per cent decline compared to

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Ooredoo Q1 revenue up 2pc to hit $2.2bn

Qatar-based telecom group Ooredoo has posted revenues of QR8 billion ($2.2 billion) during the first quarter (Q1) of the year, marking an improvement of 2 per cent over Q1 2016. In local currency terms, growth was driven by Ooredo

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Virgin Mobile hits 2.5m subscribers in MEA

Virgin Mobile Middle East & Africa (VMMEA), part of the Virgin family group of companies announced today that 2.5 million customers now use its mobile telecom services. Mikkel Vinter, CEO and founder of Virgin Mobile Middle Ea

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OSN launches new app for access to HD box

OSN, a leading pay-TV network in the Middle East and North Africa (Mena) region, has launched a new app that offers subscribers access to their OSN Plus HD box with new ways to discover OSN’s vast library of content.  

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Etisalat 2015 revenue hits $14bn, up 7pc

UAE-based telecom group Etisalat has posted consolidated revenues of Dh51.7 billion ($14 billion) for 2015, marking an increase of seven per cent year over year. Aggregate subscriber base reached 167 million during the year, while

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Batelco posts flat nine-month net profit

Batelco Group, a top telecom group based in Bahrain, has reported a net profit of BD40.9 million ($108.5 million) for the first nine months of the year, in line with the   corresponding period of 2014. EBITDA for the per

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Asiacell sees jump in subscriber numbers

Asiacell, a leading provider of mobile telecom services in Iraq, is seeing an increase in subscriber numbers and improvements in a number of key performance and customer satisfaction metrics after joining forces with Ericsson, a top official sai

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Batelco Q1 profit edges down over forex effects

Batelco Group , the Bahrain-based telecommunications group with operations across 14 countries, posted a 2 per cent fall in first-quarter profit after revenue was dented by tougher competition and adverse foreign exchange movements.

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Nawras Q3 net profit up 36pc on revenue, margins

Nawras, Oman's No.2 telecom operator by subscribers, made a net profit of RO10.8 million ($28.1 million) in the three months to September 30 up from RO8 million ($20.7 million) in the year-earlier period, marking a rise of 35.9 per cent.

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Mena mobiles growth ‘faster than global average’

There were 195 million unique mobile subscribers in the Mena region at the end of 2013, a penetration rate of 53 per cent of the total population, a report said, signalling a growth faster than global average. Total mobile connect

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