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Game changer

Having announced that he would depart the merged company once the acquisition of Alcatel-Lucent by Nokia is completed, in the interim period CEO Michel Combes continues to exhibit the energy and pragmatic positivity that has seen the under-pressure Alcatel-Lucent claw back business and revenues in the just over two years he has headed the company. On a recent whistle-stop tour to the Middle East, Combes reiterated his belief that the tie-up with Nokia was the right combination at the right time, set to create a “new technology champion”Pic 1

Michel Combes believes the coming together of Alcatel-Lucent and Nokia offers a unique opportunity to create a vendor that will have the strength to commercialise new technological opportunities

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Decisive dozen

This, the fifth instalment of Comm.’s Decisive dozen list of operator CEOs in the Middle East and Africa, has altered remarkably compared to last year’s, and previous years in fact. Aside from the typical attrition that occurs in senior postings, dramatic events in the 12 months of 2014 also led to personalities slipping down the list, or falling off altogether, as the pressure to continue producing positive results in a challenging environment persisted

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New leader, new brand, new zest

Greg Young was appointed CEO of Ooredoo Oman (then Nawras) in October 2013, replacing founding CEO, Ross Cormack. In recent times the operator has stalled operationally as well as financially having reported shrinking revenues and net profit, wreaking havoc with its share price. Since taking the reins Young has stabilised the telco’s performance and believes he can breathe new life into the operator and watch it fulfil its potentialGreg Young

Prior to his appointment as CEO of Ooredoo Oman in October 2013, Greg Young acknowledges there was a period of under-investment at the company that may have given rise to some under-performance

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Competing to be data king

Coming up to two years since his appointment as Vodafone Qatar CEO in June 2013, Kyle Whitehill has been able to infuse the Qatar cellco with the type of energy associated with Vodafone Group companies worldwide. Investing heavily in people and technology, Vodafone Qatar is carving out a successful niche for itself in this small Gulf market, which stands out as Vodafone’s only direct investment in the Middle EastKyle Whitehill, CEO, Vodafone Qatar (1)

Kyle Whitehill has been CEO of Vodafone Qatar since June 2013, a period in which the company’s share price has almost doubled

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Conquering Africa

IHS has been one of the leading independent tower companies in Africa, and the September 2014 move of over 9,000 sites from MTN Nigeria to a company jointly held by IHS and MTN took the company to a whole new level of operation. Mohamad Darwish, IHS Group Executive Committee Member and founding partner, has a hands-on roll in Nigeria as IHS’ deputy CEO there, and talks to Comm. about the opportunities and challenges resulting from the company’s successes across the continentMohamad Darwish

Darwish says IHS didn’t only come about with co-location solutions, but has long technical experience and expertise in telecom

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News

Ooredoo net profit down 39% in Q2 on adverse currency movements and Iraq security situation

Ooredoo posted revenue of QAR 8 billion (US$2.2 billion) in the second quarter of the year, down five per cent year-on-year. The group’s net profits for the period totalled QAR 501 million, a decline of 39% year-on-year. Ooredoo said that the business during the period was impacted by adverse currency movements and the security situation […]

Zain Group net profit down by 38% in Q215

Zain Group announced its consolidated financial results for the six months ended June 30, 2015. Active customers served reach 46.3 million as at the end of the period, and for the second quarter of 2015, the company announced generating consolidated revenues of US$940 million (KD 283 million). EBITDA for the quarter reached US$411 million, resulting […]

Etisalat’s net profit for Q2 down 40% year-on-year

Etisalat Group today announced its consolidated financial statements for the three months to end-June 2015, with consolidated revenues for the second quarter amounting to AED13.3 billion (US$3.64 billion), up six per cent year-on-year. Consolidated EBITDA for the second quarter totalled AED6.8 billion, up 17 per cent year-on-year, and resulting in an EBITDA margin of 51 […]

Orange raises stake in Méditel by 9% to 49% in total

Orange, Fipar-Holding (the Moroccan Caisse de Dépôt et de Gestion group), and FinanceCom today signed the final documentation increasing Orange’s interest in Méditel, the Moroccan telecommunications operator, in application of the agreements they signed in December 2010. Through this transaction, Orange has acquired an additional nine per cent of Méditel’s capital and benefits from the […]

Orange and Airtel consider deal for assets in Africa

Orange and Airtel have entered into an exclusive agreement to explore the possible acquisition by Orange of Airtel’s subsidiaries in Burkina Faso, Chad, Congo Brazzaville and Sierra Leone. In a published statement the operators said “There is no certainty of any binding agreement as a result of these discussions.” The talks are an apt reflection […]

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