Etisalat is due to meet with creditors in Nigeria on Tuesday or Wednesday to discuss the default
The company is awaiting approval from the telecommunications regulator
Biometric registration and large number of expats leaving the country have hit SIM sales
Etisalat said it missed payments due to an economic downturn in Nigeria
The 10Gbps service is available to “VIP” customers
The company will pay a royalty fee of 30 per cent on its annual profit
The company plans to launch standalone stores in the UAE’s premium shopping malls.
The company will pay the federal government a royalty fee amounting to 30 per cent of its profit
The company started a restructuring process in Q2 2016 that included some job cuts
Net profit attributable to equity holders climbed 1.9 per cent to Dhs8.42bn in 2016
EITC, du’s holding company, has launched Virgin Mobile in the UAE
The murabaha facility will refinance a significant part of Mobily’s current debt
The company began the restructuring process in April/May last year
Virgin Mobile will use EITC’s network and infrastructure in the same way that du does
Vodafone Qatar has yet to make a quarterly net profit
STC said the purchase would be financed through “internal resources”
Under new rules announced last year, all SIM cards issued in Saudi must be linked to a fingerprint record
Samatel first launched services in 2010
Ahmed Abdelsalam Abdelrahman will replace Ahmad Farroukh
Those found guilty face potential jail terms of between one and two years
Mobile shop owners report being undercut by illegal expat traders
The government has hiked the fee from 7 per cent to 12 per cent of revenues
UAE telecom operator Etisalat owns 27.4 per cent of Mobily
Mobily said its management agreement with Etisalat had expired on Friday
The company, 37 per cent-owned by Kuwait’s Zain Group, has been exploring the sale of its towers since as early as January 2015
Residents will be able to access the service in malls, cafes, beaches and parks
Thousands of shops have been closed following the introduction of new Saudisation rules
Cheaper products and improving reputations are helping Chinese smartphone manufacturers
Omantel took a 56.8 per cent stake in the diversified operator in 2008
Zain Saudi said that it previously made provisions to cover the full amount awarded