The telecom operator made a net profit of Dhs 1.95bn in the three months to September 30
The telecom operator is hoping to attract more subscribers and ultimately raise average user revenues
The UAE’s Telecommunications Regulatory Authority has opened up broadband and fixed voice services to residential customers
Tailor made cars, equipped with the smart system, will be deployed when there is a complaint from users about their experience with the network operators
The company, which established an office in Dubai this year, has signed partnerships with three major electronic retailers
Mobily restated 27 months of earnings to March 31, 2015, slashing its total profits over the period by nearly SAR 1.76bn ($470m)
Haroon Shahul Hameed has been appointed to the role following the resignation of Cynthia Gordon
In June, Etisalat said it would loosen these rules to permit foreign and institutional investors to own shares worth up to 20 per cent of the company
STC said that it is continuing to invest in both mobile and fixed networks while modernising their IT systems
Etisalat in June said it would open up to 20 per cent of its shares to non-UAE citizens
The liberalisation, which started in July, follows about five years of negotiations in which du has been seeking access to larger rival Etisalat’s networks
The firm made a net profit of Dhs 502m in the second quarter of 2015
The Saudi telecom operator slashed 27 months of profits last week
The telecom operator’s profit drop marks the sixth decline in eight quarters
The telecom operator blamed the drop on its troubled Saudi Arabia affiliate Mobily and foreign exchange losses
Emirates International Telecommunications has a 60 per cent stake in Go
Emirates International Telecommunications Malta, which holds a 60 per cent share in Go, did not say how it plans to divest its stake
Ben Hamida served as the CFO at Egyptian phone operator Mobinil from 2011
Mobily said that the new CEO has “a proven track record of success in the area of financial management, audit and operations”
Tolga Aykut discusses climbing the corporate ladder with du chief commercial officer Fahad Al Hassawi
The company has been rocked by accountancy issues which have forced it to restate financial statements dating back to 2013
Virgin Mobile said the investment would be used to grow its regional operations
Saudi Arabia’s Mobily, 28 per cent owned by Etisalat, said earlier that it would reissue its 2014 and first quarter 2015 financial statements
The company made the statement after a team appointed by the Capital Market Authority identified concerns over Mobily’s contracts with customers
The telecoms firm is lifting a ban on foreign ownership of its shares, with a new cap set at 20 per cent of its stock
Cuts to fees on calls and text messages would be introduced from April 1, 2016
The regulator has been investigating Mobily after the firm slashed 18 months of previously announced profits.
The offenders reportedly include board members and senior executives who were in charge at the time violations were committed in Mobily.
The global mobile technology industry made revenues of almost $3.3 trillion in 2014 and is directly responsible for 11 million jobs.
The regulator has asked the telecommunications operator to clarify information related to one of its businesses.