Emirates Integrated Telecommunications Company posts 5.4% rise in full-year revenues to AED11.7bn
Telecoms operator
Latest in Telecoms operator
EITC
Federal royalty paid by UAE telcos to remain at same level until 2024
Du says gov’t tax will be maintained at 15% of the company’s revenues plus 30% of profit
5G
UAE telecoms giant Etisalat sees H1 net profit rise to $1.28bn
CEO says Etisalat delivered growth in revenue, net profit and operating free cashflow despite challenges in key markets
.JPG)
Abu Dhabi Banks
In pictures: Top 10 most valuable Emirati and Saudi brands
The inaugural BrandZ ranking includes consumer-facing brands from across a range of categories with a combined value of $50bn
-1200x768.jpg)
Apple
UAE’s top brands revealed – best companies at providing customer service
Arabian Business presents the results of the Service Hero customer satisfaction index, which reveals the top brands in the UAE last year with the highest scores for overall customer satisfaction. Service Hero’s Index provides a rigorous annual snapshot of consumer feelings and since 2010 has measured over 300,000 consumer voices covering more than 300 private sector companies.
.jpg)
affordable brands
Revealed: Brands in Kuwait that are providing the best customer service
Arabian Business, in cooperation with Service Hero, presents the top brands in Kuwait last year with the highest scores for overall customer satisfaction. Service Hero’s Index provides a rigorous annual snapshot of consumer feelings and since 2010 has measured over 200,000 consumer voices covering more than 300 private sector companies.
Bahrain
Batelco to phase out prepaid calling cards by 2020
Batelco said its 123Call and PPCC prepaid cards will be suspended by December 31
5G services in Saudi Arabia
Saudi’s Mobily seeks to cut cost of $2.1bn debt
Sources say Saudi telecoms operator has held talks with banks to refinance up to $2.1bn of debt
Bahrain
Bahrain’s Batelco posts 18% rise in H1 net profit
Half-year results of Bahrain-based telecoms operator are boosted by sale of Kuwait subsidiary Qualitynet
5G
Dubai telecoms giant posts $248m H1 net profit
Emirates Integrated Telecommunications Company increases capital expenditure as it prepares for ‘new era in connectivity’
5G network
UAE’s Etisalat says net profit rises to $1.2bn as 5G launches
UAE-based telecoms operator says subscriber base totals 143m, a year-on-year increase of 2%
BOTIM
Du launches new video calling service
YzerChat app has been added to Du’s ‘Internet Calling Pack’
CFO
Du parent EITC hires former Mobily exec as new CFO
Emirates Integrated Telecommunications Company announces the appointment of Kais Ben Hamida as chief financial officer
Abu Dhabi Investment Authority
Emirates Investment Authority boosts stake in Du
The Emirates Investment Authority bought 463.3 million shares for an undisclosed amount
5G
Dubai’s Du joins rival Etisalat in delivering 5G experience
Du teams up with Axon Pro 10 to offer 5G connectivity, speeds up to 20 times faster than 4G
5g devices
UAE’s Etisalat reveals first device to access 5G network
UAE telecoms giant says its subscribers can now enjoy 5G access on the ZTE Axon 10 Pro, the first available 5G device
Telecoms
Telco Zain reports strong revenue, profit growth in Q1
Telecoms operator Zain Group says Q1 results would have been stronger but for currency fluctuations that hit Sudan unit