12/10/2017 11:38 AST

Ericsson (NASDAQ: ERIC) and du, a telecommunications operator based in Dubai, United Arab Emirates, have partnered to accelerate digitalization in the region by deploying innovative solutions that enable faster introduction of new Internet of Things (IoT) services.

The partnership will enable du to offer flexible pricing and billing solutions for IoT and cloud platforms toward enterprise customers. Ericsson’s Enterprise and Cloud Billing solution will also allow du to offer Billing as a Service for government entities and several industry verticals such as utilities, retail and transport.

Farid Faraidooni, Chief Operations Officer, du, says: “Our partnership with Ericsson will enable us to further empower our stakeholders in the digital transformation era by making it easier for them to rapidly take their offerings to market. Ericsson’s unique solutions provide the flexibility we require, with little customization efforts needed to integrate into our existing technology. We will continue to offer our customers the latest innovative technologies and this solution reduces our time to market when creating new business models and services for our customers.”

Rafiah Ibrahim, Head of Market Area Middle East & Africa, Ericsson, says: “Our latest Mobility Report forecasts 29 billion connected devices by 2022, of which around 18 billion will be in IoT. With this enormous market potential, first-mover operators around the world are positioning themselves to capitalize on this opportunity by deploying solutions that help enterprises rapidly offer innovative new services. Our Enterprise and Cloud Billing solution will allow du to monetize existing services, develop new offerings and accelerate digitalization in the region.”

The new partnership deal was signed during a ceremony at GITEX Technology Week 2017, the largest annual consumer computer and electronics trade show, exhibition and conference in the region, held at the Dubai World Trade Centre from October 8 to 12.

Press Release

du collaborates with Cisco on IP core network mode


UAE-based telco ‘du,’ from Emirates Integrated Telecommunications Company (EITC), and Cisco announced a collaboration to build a future-proof network that is designed to support du’s rapid transforma

Saudi Gazette

UAE’s du and Nokia working together to deploy 5G


UAE state-owned telco du announced on Wednesday that it was “actively working” with Nokia to bring 5G services to the country this year.

According to a statement from the company, it is wo

Gulf News

Full telecoms competition in the UAE inches closer after du launches nationwide TV service


Du has announced the availability of limited home internet and TV packages across the UAE, marking the beginning of full competition in the UAE’s telecoms space 11 years after the second operator fir

The National

Ticker Price Volume
QNBK 136.89 585,656
SABIC 109.80 1,133,510
BURUJ 34.60 17,529
EEC 15.24 687,553
ARNB 28.60 25,061
PETRORABIGH 24.82 469,287
WALAA 33.75 84,068
DU Sector Market
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
ETISALAT 17.80 -0.05 (-0.29%)
ORDS 89.10 3.41 (3.97%)
ZAIN 459.00 -4.00 (-0.87%)
VFQS 8.62 -0.01 (-0.12%)
OOREDOO 1,019.00 2.00 (0.19%)
Aramco’s US$7bil investment in Rapid by end of the month


The negotiation on Saudi Arabia Aramco’s US$7bil investment in Petroliam Nasional Bhd’s (Petronas) Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor, has been conc

The Star

Oman Insurance Company to distribute 10% Dividend


Oman Insurance Company held its Annual General Assembly meeting yesterday which was presided over by H.E. Abdul Aziz Abdulla Al Ghurair, Chairman of the Board of Directors. The Board approved the pro

Press Release

Arkan Bank could tap investors for $100mln through Nasdaq listing


The new Islamic bank being set up by a group of investors led by Dubai Investments could raise up to $100 million within the first 12 months after its listing on Nasdaq Dubai, according to a senior o


Aldar and Emaar shares climb after Dh30bn strategic alliance


The shares of Aldar and Emaar Properties, two of the the UAE’s biggest developers, rose during early trade on Wednesday after unveiling a strategic alliance to develop local and international project

The National

Mobily is racing to a smarter future in partnership with Ericsson


ETIHAD Etisalat ‘Mobily’ in cooperation with Ericsson are preparing an IoT world program to be the first of its kind in the Kingdom that aims to create an interactive platform between university stud

Saudi Gazette