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Vodafone to exit Qatari unit after losses
(Saudi Gazette - 28/02/2018)

Vodafone Europe agreed to sell its stake in a Qatar joint venture for 301 million euros ($369.9 million), capping an almost decade-long string of losses amounting to more than $1 billion.<br/><br/> Qatar Foundation, a non-profit run by the country’s

Saudi regulator fines ex-Mobily chairman for insider trading
(Gulf News - 28/02/2018)

Saudi Arabia’s market regulator fined the former chairman of the kingdom’s second-biggest telecom company for insider trading and ordered his investment firm to pay $75 million.<br/><br/> Abdul Aziz Bin Saleh Bin Abdullah Al Saghyir, who was the chairman

Batelco Silver Sponsor of Consumer Protection Expo 2018
(Biz Bahrain - 27/02/2018)

Batelco, in line with its support to national initiatives in the Kingdom of Bahrain, announces its participation in the Consumer Protection Expo 2018 as a proud Silver Sponsor. The event is taking place at City Centre Mall from March 1 to 3 under the

Vodafone exits Qatar, sells 51pc stake in JV for $370m
(Trade Arabia - 27/02/2018)

Leading British telecom company Vodafone has announced plans to sell its 51 per cent stake in the joint venture that controls Vodafone Qatar to the Qatar Foundation for QR1.35 billion ($370 million), capping an almost decade-long string of losses

Omantel joins Mobile World Congress in Barcelona
(Oman Daily Observer - 26/02/2018)

Omantel, the leading provider of integrated telecommunications services in the Sultanate, will participate in the Mobile World Congress, to be held in Barcelona, Spain from February 26 to March 1, 2018. The MWC is an exhibition where telecommunications

Ooredoo announces world’s first 5G deployments in Qatar
(Trade Arabia - 26/02/2018)

Ooredoo Group is racing ahead on the path to 5G, as the world’s first having 5G New Radio (NR) with commercial equipment suitable for business customers.<br/><br/> Live in Qatar, Ooredoo announced its first-in-the-region speeds of 2.3 Gbps with 3.5 ms

Omantel plans to raise $2b from bond market
(Times of Oman - 25/02/2018)

Oman Telecommunications Company (Omantel), the largest telecommunication service provider in the Sultanate, plans to issue $2 billion dollar-denominated bonds in the international markets.<br/><br/> The board also decided to invite the company’s

Omantel Board approves 70pc dividend; profit at RO 106.8m
(Oman Daily Observer - 25/02/2018)

The board of directors of Oman Telecommunications Company SAOG (Omantel approved the audited results of the Company for year 2017. Omantel recorded an increase of 44.7 per cent in revenue reaching RO 751.7 million compared to RO 519.4 million in

Batelco 2017 revenues up 3pc to $380m
(Trade Arabia - 23/02/2018)

Bahrain-based Batelco, a regional telecom group with operations across 14 countries, has posted revenues of BD379.4 million ($1,006.4 million) for the full year 2017, as compared to BD367.1 million ($973.7 million) in 2016 marking a 3 per cent

Full telecoms competition in the UAE inches closer after du launches nationwide TV service
(The National - 22/02/2018)

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 first launched services.<br/><br/> The extension of du’s

Ooredoo wins ‘Digital Service Assurance Innovator of the Year’ award
(Gulf Times - 22/02/2018)

Ooredoo has won the ‘Digital Service Assurance Innovator of the Year’ award for the Middle East and North Africa region by global digital software leader BMC Software, highlighting Qatar Data Centre’s innovative digital transformation.<br/><br/> BMC is a

Zain awarded ‘Best Mobile Operator in Kuwait for 2017
(Arab Times - 22/02/2018)

For the sixth time, Zain, the leading telecommunication company in Kuwait, was awarded ‘Best Mobile Operator’ and ‘Best Internet Service Provider’ in Kuwait for the year 2017 from Service Hero, the creators of Kuwait’s only customer satisfaction index.

BATELCO REPORTS STRONG REVENUE OF BD379.4M FOR THE FULL YEAR 2017
(Press Release - 21/02/2018)

Batelco, the regional telecommunications group with operations across 14 countries, today announced a 3% increase in gross revenues, reaching BD379.4M (US$1,006.4M) for the full year 2017, as compared to BD367.1M (US$973.7M) in 2016. Organic gross

Etisalat 2017 net profit up 5pc to $2.2bn
(Trade Arabia - 21/02/2018)

Top telecom group Etisalat UAE has reported a net profit after federal royalty of Dh8.2 billion ($2.23 billion) for 2017, marking an increase of 5 per cent year on year.<br/><br/> Etisalat UAE revenues amounted to Dh31.2 billion and increased year over

Ooredoo to showcase tech solutions at MWC
(Gulf Times - 20/02/2018)

Ooredoo Group will showcase a wide range of transformative, advanced and emerging technology solutions, held under the theme of “Enriching People’s Digital Lives” at the Mobile World Congress 2018 in Barcelona later this month. <br/><br/> Ooredoo will

Omantel posts OMR107m net profit
(Times of Oman - 20/02/2018)

Oman Telecommunications Company (Omantel), the Sultanate’s biggest telecommunication firm, has posted a net profit of OMR106.80 million for 2017, down 7.8 per cent from OMR115.80 million registered for the previous year.<br/><br/> Following the

Vodafone & Huawei to enhance cooperation in IoT business
(The Peninsula - 20/02/2018)

Vodafone Qatar yesterday announced to have partnered with the Chinese tech giant Huawei to enhance the efficiency of their transport operations in Qatar with Vodafone’s Internet of Things (IoT) Fleet Management service.<br/><br/> Huawei, a global

du announces record Dhs13 billion in revenue for 2017
(The Gulf Today - 16/02/2018)

The Emirates Integrated Telecommunications Company (du), on Thursday published its financial results for 2017 and proposed a final annual dividend payment of Dhs997 million bringing the total annual dividend for the year to Dhs0.35 per share, of which

Etisalat profit amounts to Dhs8.44b in 2017
(The Gulf Today - 15/02/2018)

Etisalat Group announced the preliminary result of financial performance for the the year ended 31 December 2017. <br/><br/> Etisalat Group consolidated profit attributable to the equity holders of the company amounted to Dhs8.44 billion, exhibiting an

Mobily nets solid quarterly sales growth
(Trade Arabia - 15/02/2018)

Etihad Etisalat (Mobily), a leading telecom services operator in Saudi Arabia, has achieved growth in its quarterly sales for the first time in two years, realising cash flows of SR1.4 billion ($346 million), despite the net loss.<br/><br/> Announcing

Saudi's Mobily Q4 losses widen, customers decline
(Reuters - 14/02/2018)

Saudi Arabia’s Etihad Etisalat (Mobily), the country’s second-largest telecommunications operator, reported a widening quarterly loss on Thursday, partly blaming it on the introduction of internet calls and a decline in its customer base. Net losses more

Etisalat opens one-stop shop for setting up small businesses
(Gulf News - 13/02/2018)

Etisalat has teamed up with 11 partners to offer a one-stop shop — Hello Business Hub — for setting up a small and medium business or a start-up in the UAE.<br/><br/> “Any new business undergoes challenges, and that is why we are here to help ease the

Mobily announces the acquisition of additional spectrum
(Tadawul - 12/02/2018)

Mobily has successfully acquired blocks of spectrum in the 800 and 1800MHz bands through its participation in the auction conducted by Communications and Information Technology Commission (CITC) on Sunday 11-2-2018 as follows: Mobily won 2x10MHz of

Ooredoo Group reports QR33bn in revenue
(The Peninsula - 12/02/2018)

Qatar-based telecom major Ooredoo Group’s revenue rose to QR32.7bn for the year 2017. The Group’s customer base expanded by 18 percent to 164 million during the period, the Group announced yesterday.<br/><br/> The 2017 increase in revenue was mainly

Ooredoo awarded by QSE for 3rd year in a row
(Gulf Times - 11/02/2018)

Ooredoo has won the ‘Best Investor Relations Officer’ and ‘Best Investor Relations Website’ awards at the third Qatar Stock Exchange (QSE) Investor Relations Excellence Awards ceremony held recently. This is the third year that the QSE recognised

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