News Archive
Telecommunication Services Sector News
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC
<12>
Ooredoo Oman inks distribution deal with Xiaomi (Trade Arabia - 29/02/2016)

Ooredoo Oman has signed an exclusive one-year distribution deal with China-based Xiaomi, the third largest smartphone maker in the world. Under the terms of the agreement, Ooredoo will be the first mobile provider in the country to offer Xiaomi handsets.

Zain KSA reports record 2015 (Trade Arabia - 29/02/2016)

Zain Saudi Arabia (Zain KSA) posted record financial results for the year ended December 31, 2015, reaching EBIT breakeven in two consecutive quarters during the year. The company's revenues grew by 9 per cent year-on-year (YoY), to reach SR6.74 billion

STC, KFUPM and Ericsson launch Center of Excellence for new graduates (Saudi Gazette - 29/02/2016)

THE Saudi Telecommunications Company, King Fahd University of Petroleum and Minerals and Ericsson launched the Center of Excellence in January 2016 to educate and prepare Saudi new graduates for careers in telecommunications. Students will reap the

Mobily, Digital Barriers,Telequalitas launch zero-latency VSaaS in KSA (Saudi Gazette - 28/02/2016)

ETIHAD Etisalat Company (Mobily) and Digital Barriers, along with their Saudi Arabian Partner Advanced Communication Systems (Telequalitas), have signed a deal to launch a Video Surveillance as a Service (VSaaS) offering across the Kingdom of Saudi

Batelco wins legal battle against Indian company (Gulf Daily News - 25/02/2016)

Batelco Group, the Bahrain-based international telecoms firm with operations across 14 countries, yesterday announced it has obtained freezing orders from India’s Madras High Court against certain Indian assets of Chinnakannan Sivasankaran and his

Ooredoo expands strategic partnership with Cisco (The Peninsula - 25/02/2016)

Enterprise customers will soon be able to lease Cisco products and technological solutions direct from Ooredoo to save cost as the Qatar’s leading telecom services provider has inked new deals with the California-based American tech giant. Ooredoo is

Etisalat scraps $2bn loan plan (Emirates 24|7 - 25/02/2016)

United Arab Emirates-based Etisalat has scrapped plans to raise a $2 billion loan despite the telecommunications firm having the funds agreed with a group of local and international banks, sources aware of the matter said on Wednesday. Etisalat was among

Mobily signs up Huawei for managed network services (Saudi Gazette - 25/02/2016)

Etihad Etisalat (Mobily), has signed an MoU with Huawei, for provision of managed network services for a term of next 5 years. The memorandum was signed on the sidelines of Mobile World Congress 2016, in Barcelona, Spain by Ahmed Farroukh, CEO, Mobily

STC selects Juniper to build and deploy the largest Internet gateway (Saudi Gazette - 25/02/2016)

Juniper Networks, the industry leader in network innovation, announced Wednesday that Saudi Telecom Company (STC), the largest telecommunications company by market capitalization, total revenue and number of employees in the Arab world, has for the first

Omantel, OAMC agree plan to link all airports (Oman Daily Observer - 24/02/2016)

Omantel has joined hands with the Oman Airports Management Company (OAMC) to link all airports in Oman through fixed telecommunications solutions. Phase one of the project will connect Muscat International Airport with Salalah Airport through a

Ooredoo and Vodafone join Qatar Credit Bureau (The Peninsula - 24/02/2016)

Qatar Credit Bureau has announced the joining of Ooredoo and Vodafone Qatar to its membership and to the list of institutions and companies benefiting from the services and products offered by Qatar Credit Bureau. The membership agreement was signed by

Mobily sponsors ‘Love Your Heritage’ cultural exhibition (Saudi Gazette - 24/02/2016)

ETIHAD Etisalat (Mobily) is sponsoring the second ‘Love Your Heritage’ cultural exhibition’ to be held under the patronage of Prince Faisal Bin Bandar Bin Abdulaziz, Governor of Riyadh region. The exhibition deals with display of contemporary art to

Omantel and Ericsson join hands for network expansion (Times of Oman - 23/02/2016)

Oman Telecommunications Company (Omantel) has signed a formal memorandum of understand (MOU) with Ericsson to enhance network capabilities and services according to the company’s new transformation strategy. Talal Al Mamari, CEO of Omantel said, “At

Etisalat push for Internet of Things technology to help achieve Smart (The National - 23/02/2016)

/ Etisalat’s commitment to the Internet of Things (IoT) could result in the development of technology that will bring costs down and conserve battery life, helping to make Smart Dubai and other smart city projects a reality. The use of such technologies

Ooredoo Kuwait ups dividend despite Q4 loss (Trade Arabia - 21/02/2016)

Mobile operator Ooredoo Kuwait raised its dividend for 2015 despite swinging to a fourth-quarter net loss on Saturday, according to Reuters calculations, resuming a lengthy earnings slump. The subsidiary of Qatar's Ooredoo competes domestically with Zain

Mobily strengthens executive team with young Saudi talent (Saudi Gazette - 18/02/2016)

Etihad Etisalat (Mobily) has further strengthened its new look executive team with qualified Saudi talent. This comes as an essential component of organization’s strategy to strengthen role of Saudi talent in the leadership of the organization so as to

Investors upbeat on Omantel performance (Times of Oman - 17/02/2016)

Oman Telecommunication’s (Omantel) full year performance in 2015 has been well received by market analysts, with leading advisors upgrading their share recommendation from ‘Hold’ to ‘Buy’ for the telecommunication stock. In a February 15 note to

Mobily voted ‘Best managed information security provider’ (Saudi Gazette - 17/02/2016)

ETIHAD Etisalat (Mobily) has been awarded the Best Managed Information Security Service Provider for the year 2016 on the sidelines of the GIL Conference for growth, innovation and leadership in the Middle East which took place in Al-Khobar City during

Ooredoo invests $1bn in network (The Peninsula - 16/02/2016)

Ooredoo, Qatar’s leading communications company, has invested over $1bn in creating fibre network and fixed and mobile connectivity across Qatar. This infrastructure has enabled the company to launch latest products and services in the country. “We would

Batelco 2015 net profit tops $131m (Trade Arabia - 16/02/2016)

Bahrain-based Batelco Group, a leading telecom group with operations across 14 countries, has reported net profits of BD49.5 million ($131.3 million) for 2015 as against BD49.3 million ($130.8 million) for 2014. Net profit in the fourth quarter of the

Omantel revenue grows; board recommends 60% dividend (Times of Oman - 15/02/2016)

Oman Telecommunications Company (Omantel) said its group revenue grew by 6.9 per cent to OMR514.5 million for the year ended 2015, against OMR481.2 million for the previous year. However, the group’s net profit fell to OMR50.3 million for 2015, from

Etisalat Q4 net profit rises (Saudi Gazette - 15/02/2016)

Abu Dhabi-listed Etisalat reported a 2.7 percent rise in fourth-quarter net profit on Sunday, according to Reuters calculations. Etisalat, which directly and indirectly operates in about 18 countries across the Middle East, Africa and Asia, made a net

Thanks to Omantel, Oman now has 13th fastest LTE speed worldwide (Times of Oman - 14/02/2016)

Sultanate of Oman has the 13th fastest 4G LTE in the world, a recent report by Open Signal, a leading source of insight into the coverage and performance of Mobile Operators worldwide, has said. Oman’s ranking moved 10 positions upwards in three months

Mobily’s Hala 19 offers per second, kilobyte billing (Saudi Gazette - 14/02/2016)

ETIHAD Etisalat (Mobily) differentiates (Hala 19) prepaid package through per second billing for calls and per kilobyte for Internet, enhancing the value for the customers. Mohamed Albelwe, Executive General Manager Corporate Communications & Public

Omantel scraps $130m dual-currency sukuk (Trade Arabia - 11/02/2016)

Oman Telecommunications Co (Omantel) scrapped plans for a $130 million, five-year dual-currency sukuk issue because the interest rates offered by lenders were too high, the company's chief executive said. Last month, the state-run company priced the

<12>
Most Viewed Companies
Ticker Price Volume
QNBK 142.5 107,519
DAMAC 2.9 10,745,709
WAHA 1.75 159,227
BKIZ 0.08 603,308
EEC 20.95 333,420
SABIC 98.4 2,362,937
BKNZ 0.09 1,072,179
GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Looking ahead, what change you are more likely to make in investing in your domestic stock market?