The telecom operator currently claims 46.4 per cent of mobile subscribers in the UAE.
Du’s full-year profit for 2013 was Dhs1.99 billion, up slightly from Dhs1.98 billion a year earlier.
Du’s new loan will replace two existing debt facilities.
Under the terms of its licence, Zain Bahrain must sell 15 per cent of its shares in an IPO and list on the Bahrain bourse.
The telecoms firm has applied to Bahrain’s Ministry of Industry and Commerce for approval to become a public company.
Expenses for the quarter, which include wages, interconnection costs and roaming charges, reduced by 2.7 per cent.
The revision was mainly driven by Fitch’s concern about regulatory uncertainty in Bahrain, it said.
The first phase is reserved for wealthy local investors and due to finish in March and the second will be open to all Omanis, say reports.
The firm, majority-owned by Ooredoo, made a net profit of OMR10 million.
The company’s mobile customer base grew 27 per cent to reach 1.27 million mobile customers as of December 31.
Batelco confirmed a deal with Cable & Wireless Communications in 2013 to buy its Monaco and Islands Division for $570 million.
Zain said foreign exchange revaluations wiped $149 million from its full-year profit.
The telecom operator is expected to start the service via its partner, London’s Lebara Group.
Subscriptions dropped to 51 million as of September 30, 2013, from 56.1 million two years ago.
The $867 million revolving facility is due to mature in March.
Saudi Telecom reported a net profit of 3.62 billion riyals in the three months to December 31.
Etisalat Nigeria could raise $400 million by selling its transmitter towers.
The company said more income from data and business clients were the reason for the quarterly and annual profit increases.
The UAE recently introduced mobile number portability (MNP), which allows users to switch operators while retaining their number.
The telecom operator plans to focus on ICT and enterprise solutions in the future, says CEO Scott Gegenheimer.
The region was focused on finding alternate terrestrial cable routes in 2013, writes Paul Brodsky, senior analyst at TeleGeography.
The move would allow landline monopoly Telecom Egypt to offer mobile services.
Etisalat has been investing in various mobile packages to tap into the country’s lucrative SME customer base.
The TRA has cautioned the operators to avoid using misleading marketing campaigns ahead of the launch of the mobile number portability service.
The mobile number portability service will come into effect on December 30.
The Bahraini operator bought Cable & Wireless Communications’ (CWC) Islands division for $570 million in April.
The telecoms firm agreed an $8 billion loan in April to finance its acquisition of a 53 per cent stake in Maroc Telecom.
Both du and Etisalat have said they will no longer offer the new social media service.
Prior negotiations between the two telcos collapsed around the start of 2013, according to sources.
Zain Bahrain must float 15 per cent of its shares and list on Bahrain’s bourse by year-end.