#telecom

Cover story: Why this man is seeking to create the ‘world’s largest digital bank’

Digitisation has transformed the way industries operate, with businesses now required to innovate constantly. For Mountaser Hachem, CEO and founder of Monty Holding, the leap has been about seeking opportunities in fintech

Calling the right numbers: Monty Mobile

Making a mark in the regional telecom industry has been challenging and yet rewarding, states Mountasser Hachem, founder and CEO of Monty Mobile

Ooredoo eyes 30% of Indonesian market after Hutch deal completes

Ooredoo is also considering expanding its digital payments and sales segments

UAE telecom subscribers totalled 21.9 million by end of 2020

Pre-paid mobile phone subscriptions totalled 13.178 million by end of December

Cash dividends worth Dhs29bn proposed by 38 UAE listed companies for 2020

Banks are the largest distributors of profits

UAE operators Etisalat, du raise foreign ownership to 49%

Etisalat first opened up to foreign ownership in 2015

Power Letters 2021: Erik Dudman Nielsen, group CEO, Virgin Mobile Middle East and Africa

At Virgin Mobile, digital has always been the core of its business proposition

UAE telecom du to consider raising foreign ownership

The company will hold a board meeting on January 20

UAE telecoms du and Etisalat partner with Emaar Properties to provide services to local communities

Customers will be able to choose a retail telecom operator of their choice

Western Union buys $200m stake in Saudi Telecom unit

Western Union Co. acquired a 15 per cent stake in stc pay

UAE telco Etisalat reports 6% rise in net profit for Q3 2020

Etisalat’s consolidated revenue for Q3 2020 amounted to Dhs13bn

Omantel is said to explore a $500m sale of tower network

It reported a 28 per cent drop in first-half profit, hurt by a sharp slowdown in economic activity

Tata Communications granted local ISP, telecom licence in Saudi

Licence allows change of status from a foreign carrier to local licenced service provider

Omantel taps Ericsson to expand 5G across the sultanate

Telco to connect the Salalah, Nizwa and Surto areas to high-speed 5G network

Message from the top: Salvador Anglada, group chief business officer, Etisalat

As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis