Saudi Telecom Q3 Profit Up 25%

STC reports jump in third-quarter profit due to growth in broadband but still misses market expectations.

Zain Saudi In Advanced Loan Talks As Q3 Net Loss Widens

The telecoms operator said net loss widened by two percent because of lower revenues.

Bahrain’s Batelco Seeks Majority Stakes In Foreign Units

Batelco currently owns Jordanian operator Umniah and 27 per cent of Yemeni mobile firm Sabafon.

Gitex: STC Announces Wikipedia Partnership

The Saudi telecom giant has also revealed details of a new collaboration with Hilton Hotels.

UAE Telco Etisalat Will Not Exit Foreign Markets- CEO

The telecommunications firm operates in 17 countries in Africa, Asia and the Middle East.

Gitex: STC Announces New Partnerships

The Saudi telecom giant has made several announcements on the opening day of technology week, including deals with Ericsson, Huawei and Wikipedia.

Viva Approaches Banks For $400m Loan

The Kuwaiti telecoms operator is looking for funding to help boost network capabilities and improve its current services.

Qtel To Buy KIA’s Stake In Wataniya

The Qatari telecoms operator is to own almost all of Kuwait’s Wataniya network as Kuwait Investment Authority sell up.

Middle East Telcos Mull Alliance In Facebook Fight

The ambitious project currently faces technical and financial obstacles.

Etisalat Plans Network Growth After Indonesia Sale

The UAE network is eyeing up new ventures into core markets, funded by a $510 million sale of its Indonesian stakes.

Bahrain’s Batelco Eyes $1bn Telco Deal In Monaco

The Bahraini telecoms operator is planning to buy the Monaco & Islands portfolio of British telecoms group CWC.

Etisalat Raises $510m From Axiata Stake Sale

UAE telecommunications operator Etisalat sold 775 millions of its shares in Axiata.

Algeria Would Take Pre-Emption Right Over Qtel-Wataniya Plan

Qatar Telecom has already received approval to buy the remaining 47.5 per cent stake in Wataniya for $2.2 billion.

Zain Announces New Chief Executive And COO

The Kuwait-based operator has revealed two new appointments to its top level board.

Qatar Telecom Repays $3bn Loan Facility

The state-owned operator repaid the five-year syndicated term loan from existing funds.

Qtel Gets Regulatory Nod To Buy Wataniya Stake

Qatar Telecom has received approval from Kuwait’s Capital Markets Authority to buy a stake in Wataniya for $2.2 billion.

Kuwait’s Zain Q2 Profit Inches Up 1%

The telecoms operator reported a net profit of around $251.58 million in the second quarter of the year.

UAE’s Du Posts 57% Rise In Q2 Profit

The telecoms operator made a net profit of Dhs325.5 million in the second quarter of the year.

Etisalat To Offer Shares To Foreign Investors

The UAE telecom operator has ruled out any new investments until 2014.

Etisalat May Take Majority Stake In Mobily

UAE’s leading telecoms company may also look to raise its stakes in other affiliates with high population markets.

Etisalat Posts 17% Rise In Q2 Profit

The UAE- based telecoms company made a net profit of Dhs1.9 billion mainly due to increased international revenues.

Vodafone Qatar Reports Narrower Q1 Loss

The Qatari operator made a first quarter loss of $32.49 million, an improvement on the $32.6 million Q1 loss last year.

Zain Buys Further Stake In Saudi Unit

The Kuwaiti telecoms operator now owns 37 per cent of Zain Saudi following a weak response from other shareholders.

Wataniya In 49% Q2 Profit Drop

The Kuwaiti telecoms operator reported a loss of 37.3 million dinars compared to the same period last year.

Zain Saudi’s Issue Oversubscribed

The telecoms firm’s $1.69 billion rights issue was subscribed by more than 632 million shares.

Saudi Telecom Q2 Profit Up 6.7%

Higher revenues from international operations boosted the telecoms operator’s profits.

Etisalat Gets New Chairman

Eissa Al Suwaidi has been appointed as the new head of the UAE telecoms company, replacing Mohammad Omran.

Qtel Bids For Wataniya Stake

The Qatar-based telecoms operator plans to buy the remaining majority stake in Wataniya for $1.9 billion.

Qtel Announces New Group COO

The Qatar-based telecommunications firm promotes Ahmed Al-Derbesti to chief operating officer.

Du Offers Fastest UAE Service

The mobile operator plans to launch a 4G broadband service, four times faster than it’s current speed.