UAE telecom provider Etisalat has launched a new payment service for the Small and Medium Business (SMB) segment in the UAE. The new service, Mobile Cashier, allows for easy on boarding and affordable mobile point-of-sale that enables SMBs to accept card payments from their customers, while enjoying mobile business plan benefits anywhere in the UAE, the company said.
Telecom Operators
STC publishes strong results despite lift on VoIP
Saudi Telecom Company (STC) reported an annual net profit increase of 14.3% compared to the previous year, for the period ending 31 December 2017, to reach SR 10,174m. Gross profit for the year reached SR 29,555m, an increase of 3% compared to the previous year. STC CEO Dr. Khaled Biyari touted the company's cost optimization initiatives and the shift in its strategy with a clear focus towards digitization.
Investment firm wins bid for Etisalat's former Nigerian arm 9mobile
UAE telecom operator Etisalat's former Nigerian operation, rebranded as 9mobile, will be purchased for $500 million by investment firm Teleology Holdings. An auction was held for the troubled operator, which became a new brand in the Nigerian telecom market in mid-2017 after Etisalat pulled out of the country.
Verizon CEO says drop in wireless revenue due to its increased focus on 5G
US telecommunication giant Verizon has moved to ease fears concerning a drop in its wireless service revenue by claiming the decline is a result of its increased focus on its 5G mobile plans.
STC taps Corning for FTTH optical solutions
Saudi Telecom Company (STC) and US industrial materials manufacturer Corning Incorporated announced that Corning will supply and share its FTTH optical solutions with STC, as an enabler to the STC national network for high-speed connectivity and fiber-to-the-home (FTTH) applications.
du’s teleport ranks among top 10 globally
UAE telecom operator du, part of Emirates Integrated Telecommunications Company (EITC), has been recognized as a leading global provider of broadcast services according to The World Teleport Association (WTA).
du plans to revitalize its FM Transmission Platform
UAE telecom brand du, part of Emirates Integrated Telecommunications Company (EITC), confirmed that it will be working to revitalize its FM Transmission Platform provided to Dubai Media Incorporated (DMI). The announcement came during the Dubai-based satellite and broadcast expo CABSAT 2018, held at the Dubai World Trade Centre.
Deutsche Telekom and Orange fail to reach agreement over potential merger
Talks of a possible merger deal between Deutsche Telekom and Orange have now officially ended after both entities failed to reach agreement. The two telecommunication firms engaged in protracted discussions between May and September but ultimately failed to strike a deal.
Etisalat’s E-Vision signs five-year deal with STARZ PLAY
E-Vision, a fully-owned subsidiary of Etisalat, and popular video on-demand streaming service STARZ PLAY, announced a first-of-its kind, five-year content deal with Etisalat.
9mobile’s parent company hit with Nigerian court order
Nigerian telecom operator 9mobile, formerly Etisalat Nigeria, is facing turbulent times. A Lagos high court in Nigeria ordered the board of the operator's parent company, Emerging Markets Telecommunications Service (EMTS), to disband, after a judge claimed it had been established without authority.