Telecommunication Services - News
CMA ANNOUNCEMENT TO LIFT THE SUSPENSION OF TRADING SHARES OF MOBILY
(Tadawul - 02/08/2015)
In reference to CMA’s announcement dated 12/09/1436H corresponding to 29/06/2015 regarding continuing the suspension of trading the shares of Etihad Etisalat Co. (Mobily) in The Saudi Stock Exchange (Tadawul) until the company reissues the restated ...
Saudi telco Mobily swings to Q2 net loss
(Reuters - 02/08/2015)
Aug 2 Saudi Arabia's Etihad Etisalat (Mobily), which last week slashed 27 months of profits following an accounting scandal, swung to a second-quarter net loss on Sunday that missed forecasts. Mobily, an affiliate of the United Arab Emirates' Etisalat , ...
Batelco’s key online portal for enterprises is launched
(Gulf Daily News - 02/08/2015)
Manama: Batelco, Bahrain’s leading business communications solutions provider, has launched an online portal for the enterprise sector. This functionality is the latest addition to the already established Batelco e-Services, which allows corporate ...
Ooredoo welcomes visitors to Salalah Tourism Festival with inspiring o
(Oman Daily Observer - 02/08/2015)
MUSCAT: As part of its continued efforts to deliver greater value to new and existing customers, Ooredoo recently launched an innovative promotion to enable prepaid users visiting this year’s Salalah Tourism Festival to share more of their holiday with ...
STC operating profit logs 13% growth in H1 2015
(Saudi Gazette - 02/08/2015)
SAUDI Telecom Company (STC) reported net income of over SR5 billion in the first half of 2015 ending June 30, with 13% growth in operating profit. Consolidated revenue increased 9.7% for the 1st half, and 4.3% for the 2nd quarter, and continued revenue ...
Batelco-VKL Holding in accord
(Gulf Daily News - 30/07/2015)
Manama: Batelco has announced a partnership with VKL Holding Group to provide end-to-end fibre infrastructure for Juffair Mall and Juffair Hotel, due to open in September. The agreement was signed by Batelco acting general manager enterprise division ...
Ooredoo reports QR16bn H1 revenue
(The Peninsula - 30/07/2015)
DOHA: Telecom giant Ooredoo recorded a revenue of QR16bn for the first half of 2015 (H1, 15), 3 percent down from the revenue reported during the same period in 2014. Ooredoo’s customer numbers are up by 21 percent, exceeding 114million in H1, 2015 from ...
Mobily’s ‘Wajid’ packages offer distinctive services
(Saudi Gazette - 30/07/2015)
JEDDAH – “WAJID” packages from Mobily are featured with easiness and fulfillment of the needs of customers in addition to the value that commensurate with the advantages granted by “Wajid Extra”, “Wajid Smart” and “Wajid Plus” packages. Wajid Extra ...
Kuwait's Zain Q2 net profit falls 33%
(Saudi Gazette - 30/07/2015)
KUWAIT — Zain, Kuwait's biggest telecom operator by subscribers, reported a 33 percent fall in second-quarter profit on Wednesday, extending a sustained earnings slump as difficulties in Iraq and a strong dollar hurt earnings. The company, which operates ...
Etisalat profit tumbles 40% on Mobily fixes
(Gulfnews - 29/07/2015)
Dubai: Etisalat said its second-quarter net profit tumbled by 40 per cent to Dh1.5 billion compared to Dh2.5 billion a year earlier due to its affiliate’s Etihad Etisalat (Mobily) accounting errors and forex losses. Mobily’s fortunes started to unravel ...
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