The venture will manage all international wholesale requirements of Zain and Omantel operations in eight countries
According to the group, the total annual dividend per share stands at Dhs0.8
The company plans to use the proceeds from the new investment to accelerate its ambitious vision to create the first ‘everything app’
Vodafone oversees a sprawling portfolio across more than 20 countries serving over 300 million wireless customers
The collaboration includes a focus on business-to-business engagement across large enterprises, governments, and small and medium-sized businesses
The Public Investment Fund offered 120 million shares in Saudi Telecom at SAR100 each
Its revenues reached Dhs13.3bn, an increase of 2 per cent year-on-year
Its revenues grew 6.9 per cent year-on-year to Dhs2.874bn
Riyadh has been the hottest market for IPOs in the Middle East over the past two years
The Al Hosn app is now whitelisted, so any data consumed by both prepaid and postpaid customers while using it will not come off a mobile subscribers’ allowance
Masood M Sharif Mahmood has been appointed to the newly created role
According to experts, 6G will bring about much faster data speed as well as lower latency and higher reliability than 5G
It is aiming for its operations to become carbon neutral by the end of 2021
Noor Al Sulaiti, who will replace Ian Dench, previously led Ooredoo unit Starlink
The UAE’s SMB sector represents more than 94 percent of the total number of companies operating across the country
The companies aim to build on their earlier agreement inked last year
Consolidated revenues amounted to Dhs13.2bn and consolidated EBITDA totalled Dhs6.8bn
Mobile network operators have direct access to a large customer base that includes the harder-to-reach segments of the underbanked and unbanked
With the addition of Etisalat and du’s data, AECB’s customer information database stands at 9 million individuals and 600,000 companies
Its consolidated revenues reached Dhs51.7bn, a 0.9 per cent decrease over the previous year
Bahrain ICT sector accounts for nearly 3% of national GDP
Five-year agreement covers Ooredoo’s operating companies in 10 countries
Ericsson to support Zain in identifying technology trends and industry insights
It recorded a 50.73 per cent year-on-year increase over the 6.54 million users recorded in the same period in 2019
The initiative will see free wifi provided at hospitals, malls and public parks across the country
Previously, Etisalat won the Speedtest Awards for fastest mobile network worldwide in Q1-Q2 and Q2-Q3 2020
Pre-paid mobile phone subscriptions totalled 13.107 million, while post-paid mobile phone subscriptions stood at 3.578 million at the end of August
The latest generation of iPhones were launched by Apple earlier this week
Frequencies in the 24.25 – 27.5 GHz range allows UAE operators expand 5G services
Investors must keep a lookout for stocks with game-changing potential, which inevitably will tap into 5G and enable future growth prospects, opines entrepreneur and investor Shailesh Dash