CommsMEA Critical analysis for telecommunications executives
 

STC shows interest in acquiring 55% stake in Turk Telekom

STC shows interest in acquiring 55% stake in Turk Telekom

Turkish government could acquire the $3.9 billion stake if talks fail

Omantel wins auction bid for a 9.84% stake in Zain

Omantel wins auction bid for a 9.84% stake in Zain

Zain and Omantel complete treasury share sale on Boursa Kuwait for $ 846.1 million

Omantel to acquire minority stake in Zain

Omantel to acquire minority stake in Zain

Total consideration of the transaction is valued at $846.1 million

Iflix secures $133m funding

Iflix secures $133m funding

Funding follows successful global roll out of its service in emerging markets

ITC, MCIT sign SR3.5bn deal for fibre optic initiative

ITC, MCIT sign SR3.5bn deal for fibre optic initiative

ITC signs agreement on the implementation of Broadband Initiatives with the MCIT and CITC

Careem receives backing from Uber’s rival DiDi

Careem receives backing from Uber’s rival DiDi

Both companies turn up the heat on mutual rival Uber

Zain group records stable profits in H1

Zain group records stable profits in H1

Currency devaluation in Sudan cost the company $305 million in revenue

STC granted $720 million for fibre roll out

STC granted $720 million for fibre roll out

Project aims to link 1.3 million households with high speed services by 2020

Zain Saudi reports its first ever half year net profit

Zain Saudi reports its first ever half year net profit

Quarterly net profit exceeds $2 million

Discovery Communications to take over Scripps Networks

Discovery Communications to take over Scripps Networks

$14.6 billion transaction aims to create more dynamic global content portfolio

STC completes Q2 with 7.9% increase in net income

STC completes Q2 with 7.9% increase in net income

GCEO says STC sponsored programmes contributed to improve operational efficiency

Etisalat UAE registers a 7% increase in net profit in H1

Etisalat UAE registers a 7% increase in net profit in H1

Group to continue investing in futuristic solutions, says CEO

UAE telco du ends second quarter with increased profits

UAE telco du ends second quarter with increased profits

Osman Sultan looks forward to the full commercial launch of Virgin Mobile UAE soon

Batelco group’s H1 revenues remain flat

Batelco group’s H1 revenues remain flat

Net profit for the period shows a 16% decline YoY

Ericsson's sales continue to decline in Q2

Ericsson's sales continue to decline in Q2

Company sees an increased risk of further market and customer project adjustments


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Source: Gartner (September 2017)
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