Etisalat saw its third quarter profit fall by 1 per cent as the UAE?telecommunications company faces increased competition in its home market and rising operating costs.
Etisalat sees Q3 profits decline
Technology
Du expects 25 per cent jump in revenues
We expected an unprecedented boom in revenue from our land line network this year - Du CEO, Othman Sultan.
Du expects revenues for 2011 to increase by 25 per cent thanks to a big boost in data services, the companys CEO, Othman Sultan stated.
Cisco solutions for ADPC Port Special Systems project
Cisco announced that the Abu Dhabi Ports Company (ADPC) has chosen Cisco Borderless Network and Collaboration solutions for Phase 1 of its Port Special Systems project.
Cisco announced that the Abu Dhabi Ports Company (ADPC) has chosen Cisco Borderless Network and Collaboration solutions for Phase 1 of its Port Special Systems project.
Bahrain lags region in 4G race
Bahrains telecoms operators are at a disadvantage to their Gulf competitors because the countrys regulator has not yet allocated the spectrum for next-generation high speed networks, a Batelco (Bahrain Telecommunications) executive said this week.
Zain Saudi to restructure capital to achieve profit
We expect to achieve high growth levels and turn into profit as soon as the period for capital restructuring is completed - Zain Saudi chairman Prince Hussam bin Saud
Zain Saudi will have to go ahead with a multibillion dollar capital restructuring in light of the failed US$950mn stake sale after Baletco and Kingdom Holding withdrew their joint bid.
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