CommsMEA Critical analysis for telecommunications executives
 

UAE telco du sees around 10% decline in net profits for FY 2016

UAE telco du sees around 10% decline in net profits for FY 2016

Mobile subscriber base increases 12% while ARPU decreases 12.5% YoY

Millicom to sell off its Senegal business for $129 million

Millicom to sell off its Senegal business for $129 million

Combined entity to offer mobile telephony with a range of value added services

STC to acquire SaleCo

STC to acquire SaleCo

Acquisition wouldn't affect company's financial results

Apple inks $1bn investment in SoftBanks’s Vision Fund

Apple inks $1bn investment in SoftBanks’s Vision Fund

SoftBank in talks with investment fund for deal that could be worth as much as $45bn

Ericsson and SpeedCast International ink partnership

Ericsson and SpeedCast International ink partnership

Ericsson selects SpeedCast International as satellite connectivity solution partner

STC board approves $100m investment in Careem

STC board approves $100m investment in Careem

Saudi telco eyes 10% stake in ride-hailing app Careem

Sudatel's customer base increases 9% in Q3

Sudatel's customer base increases 9% in Q3

Consolidated revenues in Q3 record 11% YoY growth amounting $124.23 million

Zain group invests in US- based technology venture fund

Zain group invests in US- based technology venture fund

Colle Capital Partners to extend Zain’s corporate venturing to the US

Zain Group to finalise $500million Saudi tower sale in H1 2017

Zain Group to finalise $500million Saudi tower sale in H1 2017

Group CEO says Zain Saudi is "probably looking at 2018 for profitability"

Zain/Mobily arbitration panel rejects 90% of Mobily’s claim

Zain/Mobily arbitration panel rejects 90% of Mobily’s  claim

Mobily allocated only SAR 219 million ($58 million)

Batelco's revenues for 9M, 2016 stand at $279 million

Batelco's revenues for 9M, 2016 stand at $279 million

Overseas markets make healthy contribution to revenues and EDITDA

Zain to pay Bharti Airtel $129 million in Africa settlement

Zain to pay Bharti Airtel $129 million in Africa settlement

Africa business of Zain was completed in 2010 for $9 billion

du's revenues increase 2.9% in the third quarter

du's revenues increase 2.9% in the third quarter

Net profit after royalty shows a decline YoY

Etisalat's group's revenues go up 3% in Q3

Etisalat's group's revenues go up 3% in Q3

Net loss of 1.2 million in subscriber base during the last 12 months period

VIVA's revenues for 9M, 2016 grow 3% YoY

VIVA's revenues for 9M, 2016 grow 3% YoY

The company managed to decrease its leverage ratio to 0.47x at end of September 2016


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