UAE’s Etisalat Eyeing Vivendi’s Maroc Telecom Stake

Etisalat has submitted interest in buying the 53 per cent stake in Morocco’s Maroc Telecom, valued at around $5.8 billion.

Vodafone Qatar Reports Narrowing Q3 Loss

A 26 per cent rise in customers helps the operator trim its losses.

Saudi Arabia Sets Deadline For Telecoms Licence Bids

The Kingdom will be only the second country in the GCC to permit MVNOs.

Mobily Awards $256m Contracts To Ericsson, Huawei

The Saudi operator accounted for 41 per cent of Saudi telecom revenue in the first nine months of 2012.

Loss Of Connectivity Costs Businesses

As Tata Communications continues investing in the region, Radwan Moussalli, managing director – MENA, Tata Communications reveals the impact of network outages on Middle East companies.

Dubai Telco Du Signs $100m Financing Deal

The telecoms operator plans to use the funds for the future growth of its business.

Qtel Buys Further $360m Stake In Tunisian Telco

Qatar telecom, along with its Kuwaiti arm Wataniya, now owns a 90 per cent stake in Tunisiana.

Iraq’s Asiacell Seeks To Raise $1.35bn From IPO

Asiacell will sell 67.503 billion shares at a price of at least 22 Iraqi dinars per share.

Dubai’s du Secures $500m Debt Facility To Fund Business

The telecoms operator signed a $100 million three-year loan facility with Singapore’s DBS Bank last week.

Kuwait’s Zain Pays Saudi Unit’s $231m Motorola Debt

The telecoms operator covered the costs Zain Saudi owed the U.S. firm.

Qatar Telecom Eyes 10-Year Bond Issue

Qtel has mandated six banks to help arrange the potential bond, which is expected to be at least $500 million.

UAE Sets Royalty Rates For Telecom Operators

While Etisalat has to pay a royalty of 15 per cent on its revenues, du will initially need to pay a revenue royalty of five per cent.

Qtel Picks JP Morgan To Direct Maroc Telecom Bid

Group owner Vivendi is selling 53 per cent of its stake in the Moroccan mobile operator.

Saudi Mobily Resumes Selling Pre-Paid SIM Cards After Suspension

The telecoms operator faced a two-week ban on SIM card sales over provisioning requirements.

Batelco To Buy $1bn Of CWC Assets

The deal includes assets in Monaco, Maldives, the Seychelles and Channel Islands.

Kuwait Telco Zain Appoints Ex-Wataniya Chief As CEO

Scott Gegenheimer resigned from telecom operator Wataniya six months ago.

Saudi Mobily In 10% Bonus Share Issue

Each shareholder will receive one new bonus share for every 10 held.

Zain Saudi Extends $2.4bn Loan For 5th Time

The telecoms operator has postponed the maturity date of the murabaha facility to December 19.

UAE’s Etisalat Backs Saudi Unit After SIM Ban

Etisalat’s Saudi unit, Mobily, has been banned from selling pre-paid SIM cards by the Kingdom’s regulator.

Saudi Regulator Suspends Mobily From Selling SIM Cards

Mobily will not able to resume sales of pre-paid cards until it meets provisioning requirements.

UAE’s Du Announces $80m Dubai Centre With Equinix

The telecom firm has formed a new alliance with the Californian company to bring faster internet speeds to the Gulf.

Qatar Telecom Agrees $500m Debut Islamic Finance Deal

The deal, mandated by Qatar Islamic Bank, runs for 18 months.

Omantel’s Q3 Profit Rise Limited By Costs

The Omani telecoms operator reported a net profit of $2.6 million in the third quarter of the years.

Telco Mergers On The Rise As Market Intensifies

Telecoms companies in the GCC continue to seek control and profits by bulking up their presence in foreign firms.

Bahrain’s Batelco Sues Indian Ex-partner For $185m

The Bahraini telecoms firm accused Siva Ltd of not adhering to a settlement agreement over their joint venture S Tel.

Etisalat Q3 Profit Up 28% After Indonesia Sale

The UAE’s leading operator reported third-quarter net profit of Dhs2.21 bilion and revenue of Dhs8 billion.

Meet The Apple iPad Mini

The iPad mini packs a smaller 7.9 inch display and thinner body.

Zain CEO To Step Down As Profits Drop

Third quarter results for the Kuwaiti operator sees profits down as its CEO announces his desire to stand aside early next year.

Qatar Telecom Q3 Profit Up 74%

The company made a third quarter net profit of 1.07 billion riyals while domestic revenue for the first nine months rose 9.4 per cent.

Du Posts 34% Rise In Q3 Profit As Margins Rise

The UAE telecoms operator made a net profit after royalty of Dhs326.9 million in the third quarter.