Etisalat Group posted its Q2 consolidated financial statements on July 27 for the three months ending June 30, 2016. The company posted an impressive 51% increase in net profit compared to the same period last year, amounting to AED 2.3 billion, resulting in higher margin of 6 points to 17%.
There are now more reasons to experience the vibrant cities of the UAE as du delights visitors with added benefits when they purchase the du Tourist Plan SIM cards pre-loaded with 200 MB data, 20 flexible minutes and 20 flexible SMS. They automatically benefit from access to a plethora of offers to be redeemed with Uber, The Entertainer and Dollar Rent-a-Car - worth over AED 1,500 value in total.
Due to the economic and political factors, that made Zain KSA not reach the continuous increase, the company made a net loss of 329 million riyals ($87.8 million) in the three months to June 30 compared with a loss of 201 million riyals in the prior-year period. These losses were mainly driven by spending on its network infrastructure, the cost of new biometric fingerprint identification regulations and an increase in the cost of financing.
Mahindra Comviva has announced the launch of the MobiLytix Suite, a big data-driven mobile analytics solution that generates actionable customer insights. It aggregates subscriber usage data across multiple touch points, enabling deeper and superior customer experience while improving revenue growth of telecom operators.
The UAE has moved up four places in its position in the e-smart services index of the E-Government Development Index, EGDI, issued by the United Nations Department of Economics and Social Affairs, UNDESA, ranking in joint 8th place globally with the Republic of Estonia. The EGDI is an important component in the overall index used to determine growth in e-government development.
Bayanat Al Oula, a subsidiary company of Etihad Etisalat (Mobily) offers 3GB free for all existing subscribers when registering their fingerprint for data SIM cards.
Ooredoo recently became the first operator to launch 4G services in Algeria, completing the pre-launch phase, as part of its network leadership strategy. With the launch in Algeria, Ooredoo now providers 4G services in eight markets across the Middle East, North Africa, and Southeast Asia, positioning the operator as one of the leading 4G providers worldwide.
Pursuant to the MTN announcement of 10 June 2016, and with a view to ensuring that the Group is well and appropriately capacitated to take advantage of opportunities presented by a rapidly changing sector, MTN announced the appointment of Stephen van Coller as vice president of Strategy and Mergers & Acquisitions, effective 1 October 2016.
Etisalat announced the launch of the UAE's first Voice over LTE (VoLTE) service. The service will allow Etisalat's mobile customers, both prepaid and post-paid, to use LTE for full voice and data services on a single LTE-enabled device.
Ooredoo Qatar, the country's leading communications company, and Vuclip, a PCCW Media Company and the leading premium video-on-demand service provider for emerging markets, have recently launched a first-of-its-kind, browser-based video on-demand service for Ooredoo's mobile customers.