The UAE network is eyeing up new ventures into core markets, funded by a $510 million sale of its Indonesian stakes.
The Bahraini telecoms operator is planning to buy the Monaco & Islands portfolio of British telecoms group CWC.
UAE telecommunications operator Etisalat sold 775 millions of its shares in Axiata.
Qatar Telecom has already received approval to buy the remaining 47.5 per cent stake in Wataniya for $2.2 billion.
The Kuwait-based operator has revealed two new appointments to its top level board.
The state-owned operator repaid the five-year syndicated term loan from existing funds.
Qatar Telecom has received approval from Kuwait’s Capital Markets Authority to buy a stake in Wataniya for $2.2 billion.
The telecoms operator reported a net profit of around $251.58 million in the second quarter of the year.
The telecoms operator made a net profit of Dhs325.5 million in the second quarter of the year.
The UAE telecom operator has ruled out any new investments until 2014.
UAE’s leading telecoms company may also look to raise its stakes in other affiliates with high population markets.
The UAE- based telecoms company made a net profit of Dhs1.9 billion mainly due to increased international revenues.
The Qatari operator made a first quarter loss of $32.49 million, an improvement on the $32.6 million Q1 loss last year.
The Kuwaiti telecoms operator now owns 37 per cent of Zain Saudi following a weak response from other shareholders.
The Kuwaiti telecoms operator reported a loss of 37.3 million dinars compared to the same period last year.
The telecoms firm’s $1.69 billion rights issue was subscribed by more than 632 million shares.
Higher revenues from international operations boosted the telecoms operator’s profits.
Eissa Al Suwaidi has been appointed as the new head of the UAE telecoms company, replacing Mohammad Omran.
The Qatar-based telecoms operator plans to buy the remaining majority stake in Wataniya for $1.9 billion.
The Qatar-based telecommunications firm promotes Ahmed Al-Derbesti to chief operating officer.
The mobile operator plans to launch a 4G broadband service, four times faster than it’s current speed.
The Dubai-based operator has agreed a partnership with Richard Branson’s Virgin Group, extending into South Africa.
Qatar Telecom will pay $1.47 billion to increase its stake in Iraqi operator Asiacell to 60 per cent.
Freeing up spectrum for Saudi’s telecoms operators may add $95.5 billion to the economy by 2025, said GSMA.
UAE telecoms operator Etisalat will reduce international call tariffs from the second half of 2012.
The telecoms operator posted a net profit of Dhs333.1 million during the first quarter of the year.
The Kuwaiti telecoms operator made a net profit of $255 million during the first quarter of this year.
The Omani telecoms company reported a net profit of $75.58 million during the first quarter of the year.
The UAE-based telecoms operator reported net profit of Dhs1.81 billion during the first quarter of the year.
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