Mobily decreased its quarterly losses in Q1 2018 by 49% to SAR 93 Million compared to SAR 182 million in Q4 2017.
UAE telecom provider Etisalat, along with Singapore-based telecom operator Singtel, Japan-based SoftBank and Spanish telecom giant Telefónica have signed an agreement to create the first Global Telco Security Alliance to offer enterprises a comprehensive portfolio of cyber security services.
The latest installment of the du Telecom Knowledge Series held a "Breaking Down the Blockchain Barricade" session for media stakeholders on April 17, at du Headquarters in Dubai. The session was led by Jihad Tayara, du's Vice President Commercial -ICT and Jose Fernandez, du's IoT Blockchain Lead.
UAE telecom provider du, a brand of Emirates Integrated Telecommunications Company (EITC), has introduced new flexible mobile subscription plans, where customers can benefit from the data minutes offered on a contract plan with the flexibility of prepaid.
Etisalat announced its partnership with Indra to enhance and widen its digital solutions portfolio in multiple sectors, allowing both parties to share best practices and training, industry expertise, explore business opportunities, and strengthen their position in the markets where they operate.
Saudi Arabia-based telecommunications provider Etihad Etisalat (Mobily) conducted a 5G technology trial on April 15 at a special stand in Riyadh Gallery Mall in Saudi Arabia. The company has also opened a number of branches in shopping malls across Saudi Arabia as part of its expansion plans.
Egyptian state-owned telecom company Telecom Egypt is looking to increase its share in Egypt's mobile market to 15 percent by 2022, Bloomberg reported. The company said it would only consider selling its 45 percent stake in Vodafone's Egypt unit if it is able to reach "critical mass" in the Egyptian mobile market.
Egypt's Minister of Communications and Information Technology Yasser El Kady hailed Egyptian telecommunications provider Etisalat Misr for its contributions to the country's ICT sector in a meeting with Etisalat Misr CEO Hazem Metwally during a visit to the company's headquarters in April. The Minister paid a number of visits to ICT companies, aiming to underline the state's interest in sponsoring companies and investors in the Egyptian market.
Saudi Arabian telecommunications provider Zain Saudi Arabia, a subsidiary of Kuwait's Zain Group, announced that Peter Kaliaropoulos has stepped down as Chief Executive Officer. Zain Saudi's former Chief Operating Officer, Eng. Sultan Al Deghaither, will fill the chief executive role after Mr. Kaliaropoulos leaves on 30 June to pursue other opportunities.
Vodafone Group announced it has completed the sale of its 51 percent stake in Vodafone Qatar to the Qatar Foundation, which already had a joint stake in Vodafone's Qatar unit. The two companies have entered into a five year agreement, ensuring Vodafone Qatar will continue to use the Vodafone brand and have close ties to Vodafone Group.