Saudi Telecom Company (STC) announced that, upon the Royal Decree appointing HE Dr. Khaled Bin Hussain Biyari as Assistant Minister of Defense for Executive Affairs, the Board of Directors approved on February 26, 2018, the resignation of HE Dr. Biyari from his position as Chief Executive Officer. Eng. Nasser Bin Sulaiman Al Nasser will be acting CEO.
UAE telecommunications company Etisalat Group posted steady financial results on Tuesday, February 20, 2018, reflecting a positive fourth quarter for the company. Etisalat Group's consolidated revenue for the fourth quarter of 2017 amounted to AED 13.5 billion, representing an increase of 4% compared to the same period the previous year. Etisalat Group's UAE branch remains its most successful operation.
Etisalat announced at Mobile World Congress 2018 its plans of working with a consortium of global technology leaders to introduce a new vendor agnostic platform that will aim to provide cloud telecom infrastructure to host emerging futuristic technologies and services.
The second instalment of du’s Public Service Announcement, themed "If it were your pain, would you share it?" was unveiled on 19 February to raise awareness and inspire conversations around conscientious social media usage. The campaign comprises of four compelling videos that address the negative impact of posting people’s misfortunes online and question the motives of the people behind the camera lens.
UAE-based telecommunications service provider du, part of Emirates Integrated Telecommunications Company (EITC), announced it has selected Huawei to upgrade its existing data core network using Huawei's Cloud Packet Core (CloudEPC & CloudPCRF) to meet the growing data demands of its customers.
Emirates Integrated Telecommunications Company (EITC), the parent company of du and Virgin Mobile in the UAE, posted positive results for 2017, with net profit after royalty up 14.9% year-on-year to reach AED 425 million and fixed line subscribers up 6.1%. EITC CEO, Osman Sultan, touted the company's "structural changes" and "effective delivery model."
Saudi Telecom Company (STC) participates at Mobile World Congress (MWC) 2018 in Barcelona, Spain, this year, from Feb 26 to March 1. STC is demonstrating its excellence as a leader for ICT industry in Middle East in this event.
Saudi telecom provider Etihad Etisalat (Mobily) reported a decrease in sales by SAR 1.2 billion on 14 February, which it said is a result of "pressure from the general economic changes and the various regulatory changes" in the sector. The company’s net results showed losses at SAR 708.9 million in 2017 compared with losses of SAR 213.6 million for the same period the previous year.
Transguard Group, the multifaceted business support services company, has partnered with Etisalat Digital to ensure the latest end-to-end digital security solutions are available round-the-clock across the company's entire IT network.
UAE-based telecom company Etisalat launched a unique first-in-the-region hub for small and medium businesses (SMBs) in Dubai on 12 February. Etisalat's 'Hello Business Hub' is set up as a one-stop-shop for aspiring business owners to obtain everything they need to establish a company in the UAE. Etisalat partnered with relevant firms to make the process seamless for customers.