UAE telecom operator Etisalat's former Nigerian operation, rebranded as 9mobile, will be purchased for $500 million by investment firm Teleology Holdings. An auction was held for the troubled operator, which became a new brand in the Nigerian telecom market in mid-2017 after Etisalat pulled out of the country.
US telecommunication giant Verizon has moved to ease fears concerning a drop in its wireless service revenue by claiming the decline is a result of its increased focus on its 5G mobile plans.
Saudi Telecom Company (STC) and US industrial materials manufacturer Corning Incorporated announced that Corning will supply and share its FTTH optical solutions with STC, as an enabler to the STC national network for high-speed connectivity and fiber-to-the-home (FTTH) applications.
UAE telecom operator du, part of Emirates Integrated Telecommunications Company (EITC), has been recognized as a leading global provider of broadcast services according to The World Teleport Association (WTA).
UAE telecom brand du, part of Emirates Integrated Telecommunications Company (EITC), confirmed that it will be working to revitalize its FM Transmission Platform provided to Dubai Media Incorporated (DMI). The announcement came during the Dubai-based satellite and broadcast expo CABSAT 2018, held at the Dubai World Trade Centre.
Talks of a possible merger deal between Deutsche Telekom and Orange have now officially ended after both entities failed to reach agreement. The two telecommunication firms engaged in protracted discussions between May and September but ultimately failed to strike a deal.
E-Vision, a fully-owned subsidiary of Etisalat, and popular video on-demand streaming service STARZ PLAY, announced a first-of-its kind, five-year content deal with Etisalat.
Nigerian telecom operator 9mobile, formerly Etisalat Nigeria, is facing turbulent times. A Lagos high court in Nigeria ordered the board of the operator's parent company, Emerging Markets Telecommunications Service (EMTS), to disband, after a judge claimed it had been established without authority.
Saudi Telecom Company (STC) reported an annual net profit increase of 14.3% compared to the previous year, for the period ending 31 December 2017, to reach SR 10,174m. Gross profit for the year reached SR 29,555m, an increase of 3% compared to the previous year. STC CEO Dr. Khaled Biyari touted the company's cost optimization initiatives and the shift in its strategy with a clear focus towards digitization.
UAE telecom provider Etisalat announced it will exclusively offer the 'Circle with Disney' parental control device for all customers in UAE. This exclusivity was a result of Etisalat's partnership with Circle Media Labs, a leading developer of products used by families to manage all their connected devices.
