Huawei and Qtel ink strategic alliance

Last week Qtel and Huawei concluded a major strategic alliance agreement, which will see the two companies collaborate on a new series of solutions aimed at strategically-important industry sectors in the region.

The agreement was signed at the global headquarters of Huawei in Shenzhen, China and is one of the first agreements of its kind between Huawei and a major regional operator.

Under the terms of the collaborative agreement, the two companies will work together on a shared strategic development plan, which will aim to support the creation of bespoke solutions for businesses across Qatar and the wider region.Mr_Khalid_Al_Mansouri_right_and_Mr_Robert_Yang_left_jpg

Robert Yang, VP Huawei enterprise business and Khalid Al Mansouri, executive director business solution, exchange signed copies of their agreement

In particular, the companies will look to develop targeted solutions for key industries, with a particular focus on e-business and related solutions. They will also collaborate on bespoke solutions for key enterprise clients, looking to generate long-term value for customers.

In addition to bespoke solutions, the two companies will work together to review emerging technologies and assess the potential for development within key markets.

As well as supporting innovation, the agreement is designed to enable both companies to manage costs and ensure efficiency in the development of new services. By working together, Qtel and Huawei will look to deploy best practices.

Zain Saudi Arabia partners with Friendi for mobile package

Zain Saudi has launched the Friendi mobile package, a prepaid mobile package, which forms one of a series of packages and offers that Zain has launched since it entered the Saudi mobile market.Photo 2 Zain 9-1-2011 small

From left, Rafat Al Nawawi, Ahmad Al Faifi, Saad Al Barrak, HRH Mohammed Bin Saud Bin Naif Alsaud, Zeyad Abdullah Albattal, Omar Al Said and Abdullah Al Damer

The Friendi mobile package is available kingdom-wide from today, being sold from more than one thousand distribution outlets across all provinces.

The Friendi mobile package allows customers to keep in touch with their friends and family in Saudi Arabia and abroad at competitive prices, plus gives access to a range of innovative mobile services. The package was launched in partnership with Connect Saudi Limited, a company owned by Friendi Group and prominent Saudi Arabian and regional shareholders. The company is assisting Zain Saudi Arabia with the operation and distribution of the Friendi mobile package all over the kingdom on an outsourced basis.

With the Friendi mobile package, customers can enjoy attractive international rates for calls to destinations including the Philippines, Hong Kong, Singapore, the USA, Canada, the UK, Bahrain, and the UAE. They can also enjoy low international SMS prices. Also available for the Friendi mobile package customers are a range of mobile services such as international content, and credit transfer and much more.

NSN acquisition of Motorola’s infrastructure business held up by China

Nokia Siemens Networks today announced that it now expects to complete its acquisition of the majority of Motorola’s public carrier wireless network infrastructure assets in the first quarter of 2011. The company had expected, at the time the transaction was originally announced on July 19, 2010, to complete closing activities by the end of 2010 but the transaction has not yet received regulatory approval from the Anti-Monopoly Bureau of the Ministry of Commerce of China, which is continuing its review process. All other necessary regulatory clearances have been obtained.

“This delay is disappointing, but we’re looking forward to completing the acquisition early in the new year,” said Rajeev Suri, chief executive officer of Nokia Siemens Networks. “We are continuing to work closely with the authority in China to finalise the clearance process in that country. We recognise its efforts in addressing this case as a matter of importance.”

Approximately 7,500 employees are expected to transfer to Nokia Siemens Networks from Motorola’s public carrier wireless network infrastructure business when the transaction closes, including large research and development sites in the United States, China and India.

Wataniya Palestine IPO 1.5 times oversubscribed

Wataniya Palestine Mobile Telecommunications, the second Palestinian mobile phone operator, today announced the final levels of subscription for its initial public offering.

The offer, which raised US$50.3 million, was the largest in Palestine for 10 years and generated total demand of US$78 million – over 1.5 times subscribed. There was strong demand from investors – both from retail investors in Palestine and from a broad base of international institutional investors, predominantly from Europe and the Middle East, with around 13,850 applying for shares.

In accordance with the relevant provisions of the Palestinian Companies Law and the Palestine Capital Market Authority’s (PCMA) requirement to protect retail investors, the first 300 shares of all subscribers will be allocated in full. Any subscription above this amount will be allocated to investors on a pro-rata basis.

VimpelCom board agrees Weather takeover despite Telenor disapproval

VimpelCom’s board of directors has approved the proposed merger of VimpelCom and Naguib Sawiris’ Weather Investments but added that it did not take a decision on certain shareholder-related issues. As expected, six of the nine directors, including all three independent directors and the three Altimo-nominated directors, voted in favour of the transaction, with the Telenor-nominated directors voting against the deal.

The supervisory board did not approve an amended shareholder agreement or vote on other shareholder-related agreements due to Telenor’s publicly stated position that, in its capacity as a shareholder of VimpelCom, it does not support the merger.

VimpelCom said that in light of Telenor’s opposition as a shareholder, at this time no agreement has been reached with respect to the shareholder related agreements that were contemplated to be entered into in connection with the transaction.

As a consequence, the board has authorised the company’s CEO to review and take into account the rights and obligations of the parties under the current VimpelCom shareholders agreement and by-laws, and to negotiate further with Weather the terms and conditions under which Weather would be willing to enter into a revised transaction, taking into account that the shareholder related agreements are unlikely to be signed and delivered. The board has instructed the CEO to bring such revised terms, if any, back to the board for consideration and approval.