Zain sold its Africa business to Airtel for $9bn in 2010
The firm reported declining profits in the preceding seven quarters
After a period of volatile profitability, the firm had reported rising profits in the previous four quarters
The carrier missed the average forecast of analysts
Different iPhone models dominated the top five handsets but Apple was not the most popular manufacturer
In the UAE, 5G is expected to be deployed by 2020
Chief financial officer Jorgen Latte has been appointed as acting CEO
The move is expected to shake up the fixed services market dominated by Saudi Telecom
The operator was ordered to create a $4.1m performance bond earlier this month to ensure it granted competitors access to its ducts
The telco has been ordered to place millions of riyals in a ‘performance bond’ to guarantee its compliance
Manufacturer says new camera technology and improved battery life will help it compete with the iPhone and Samsung’s Galaxy line
Shops are now required to employ only Saudis
Demand for premium handsets has not been impacted by economic sentiment, according to Samsung
New Saudisation targets continue to impact the sector
The lack of activity at the complex comes despite wide media attention
Omantel took a 56.8 per cent stake in the Pakistani telecom operator in 2008
The firm reported declining profits in the preceding six quarters
Profit rose on foreign exchange gains and lower finance costs and royalties
The operator’s profit was boosted by increasing customer numbers across the group
The former monopoly is hoping its new brand will give it an edge in Saudi Arabia’s booming youth market
Inspections will continue until a 100 per cent Saudisation deadline on September 2
The service is expected to improve the quality of voice and video calls
The move comes as the kingdom looks to fully nationalise the telecoms sector later this year
The bond is expected to be launched after investor roadshows in US, Asia, the Middle East and Europe
Companies in the industry must ensure half of their workforce is Saudi by Ramadan and 100 per cent by early September
The UAE’s telecoms regulator said the move aims to protect consumers from ‘bill shocks’
Mobile phone shipments suffered their worst quarter-on-quarter decline on record in Q1
The telecom operator plans to cut its workforce by 10 per cent
The company has yet to turn a profit after breaking Ooredoo’s monopoly in in 2009
Ooredoo Kuwait already reported a 356 per cent rise in first-quarter profit