Du records US$12 million net loss in Q208

The UAE’s second communications provider du has reported revenues of AED908 million (US$247 million) for the quarter ended June 30, 2008, an increase of 20 per cent quarter-on-quarter and 200 per cent year-on-year. du logo web

Du faces the ongoing challenge of adding and retaining subscribers in a highly penetrated market

Mobile revenue accounted for 74 percent of du’s overall revenue in Q208 to end-June, representing an increase of 20 per cent quarter-on-quarter and 341 per cent year-on-year.

Continue reading →

Management consultancy Affinitiv acquired by Arthur D. Little

Dubai-based boutique management consultancy Affinitiv has confirmed its acquisition by global management consultancy Arthur D. Little. No figures were released.

Affinitiv - ZoranAffinitiv specialises in strategic telecommunications and customer relationship management consultancy in the region, and the company’s founder and CEO, Zoran Vasiljev and employees will join Arthur D. Little’s Middle East practice, with Vasiljev serving as a company director. Affinitiv enjoyed a long-standing relationship with du, the second network operator in the UAE, for example.

 Zoran Vasiljev, founder and CEO of Affinitiv has become a director with Arthur D. Little in the Middle East 

Continue reading →

Picking a dream team

Hits Telecom chairman Sultan Bahabri tells Comm. how he is going about selecting the best corporate assets in order to create a leading global mobile operation by 2015

sultan bahbri

Sultan Bahabri describes Hits Telecom as a global telecoms 3.0 style company that can benefit from its lack of legacy infrastructure

On July 28, Hits Telecom is set to commercially launch its GSM network in the Brazilian city of Sao Paulo. It is arguably one of the furthest markets that a Gulf-based operator has dared to enter, and what makes the development of even greater interest is the fact that Hits Telecom is a relative novice to the telecoms operator space.

Continue reading →

Licence to print money – Etisalat reports financial results for H1

Etisalat announced consolidated financial results for the group for the second quarter of 2008, which showed strong growth in revenues, profits and subscriber numbers.Minting

Etisalat reported net profit of US$1.4 billion for H108 alone

The telco reported AED2.995 billion (US$816 million) in net profits for the second quarter, taking net profits for the first half of 2008 to AED5.12 billion. This figure represents an increase of 37.1 per cent on 2007 numbers.
Continue reading →

Etisalat emulates Zain’s One Network

UAE telco Etisalat today announced the launch of its Roaming Alliance initiative by introducing a special rate for its customers roaming in two of its group networks– Egypt (Etisalat Misr) and Saudi Arabia (Mobily).

c3(2722x4395)Etisalat is looking to expand the roaming deal beyond Saudi Arabia and Egypt in the not-too-distant future

The initiative is part of a strategic vision by the telco to leverage synergies across its group in order to deliver a value proposition to its 64 million customer base and enhance the appeal of mobile services to roaming customers.

Continue reading →