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INFRASTRUCTURAL DEVELOPMENT - TELECOMMUNICATIONS

UAE's first earth observation satellite to launch in late 2008

Posted on 24/09/2008

The Emirates Institute for Advanced Science and Technology (EIAST), has announced that DubaiSat-1, the country's first remote sensing/Earth Observation satellite, is all set to launch. The UAE's first earth observation satellite was developed by SatrecI in South Korea with in-depth participation by UAE engineers from the EIAST and is "space ready" according to an official in Dubai. Dubai Sat-1 will provide the UAE with its first dedicated Eye in the Sky, and now awaits its launch later this ...  >>MORE

Etisalat acquires 45% in Indian mobile operator Swan Telecom

Posted on 24/09/2008

Emirates Telecommunications Corporation (etisalat) has signed a definitive agreement to acquire approximately 45% of Swan Telecom Private Limited, a recently licensed mobile operator in India, by subscribing to newly issued shares for a cash consideration of up to US$900m, implying a post-money equity value for 100% of the Company. Swan Telecom holds Universal Access Service Licenses ('UASL Licenses') in 13 telecom service areas in India, and is in the process of acquiring UASL Licenses in an ...  >>MORE

Etisalat 'eGlobe Interconnect' extends its reach

Posted on 23/09/2008

Etisalat Carrier '&' Wholesale yesterday introduced its 'eGlobe Interconnect' service to the international telecommunications community who are meeting this week at 'Carriers World' in London. 'eGlobe Interconnect' is a new global interconnect capability and voice trading platform, which uses the high quality services of etisalat's international Points of Presence. "eGlobe Interconnect makes it easier for international carriers to do business with Etisalat. We can now meet them closer in ...  >>MORE

Etisalat new ePay services launched

Posted on 22/09/2008

In a move aimed at offering online retailers and eCommerce merchants a cost-effective and powerful ePayment service, etisalat announced the introduction of three new packages with a combination of the etisalat payment gateway for credit card payments and BizDirect, a online direct debit payment service. The new packages will give potential and existing eCommerce merchants the opportunity to expand their online initiatives with almost 50 per cent reduction in transaction charges and a certain ...  >>MORE

Etisalat to enter Iraq by year-end

Posted on 21/09/2008

Emirates Telecommunications Corp (Etisalat) said on Thursday it plans to enter the Iraqi market before the end of the year. Chief Operating Officer Ahmad Julfar said his company was in talks to acquire an existing operator which has a licence covering a limited area in Iraq, and Etisalat planned to later extend its services across the country. He did not name the operator. "Iraq has a lot of potential because of the unavailability of fixed-line telephones because of war conditions,” Julfar ...  >>MORE

Du contributes to fixed-line growth in 2007, says TRA

Posted on 14/09/2008

New data published by the Telecommunication Regulatory Authority (TRA) suggests fixed-line growth in 2007 was stronger than it was predicted, with much of the new growth coming from second national operator du. In contrast, broadband growth was weaker than anticipated with penetration having reached just 8.6 per cent at the end of 2007, less than the estimate of 100 per cent, as predicted by industry representatives. Figures published by the regulatory authority shows there were 904,000 ...  >>MORE

etisalat users can enjoy a host of Ramadan offers

Posted on 31/08/2008

Telecom service provider etisalat on Saturday announced its Ramadan offers. Customers can now choose from a variety of discount offers during Ramadan and that encompass new/current pre-paid and new post paid connections and value added services like 3G video call and Push-To-Talk. etisalat Wasel customers can now enjoy free air-time credit with no expiry date, providing them maximum flexibility and convenience. Customers can use free air time credit of up to 15 per cent, based on their ...  >>MORE

etisalat opens new portal for BlackBerry

Posted on 27/08/2008

etisalat yesterday launched a brand new applications portal for BlackBerry users to expand their productivity with access to a wide variety of applications from Navigation to document management applications. The initiative which is a first for BlackBerry users in the Middle East will enable them to literally carry their office with them through their BlackBerry service to enjoy a world beyond just email. Users can visit the portal at 'bb.etisalat.ae' through their BlackBerry browser to ...  >>MORE

TRA invites final bids for mobile television broadcast licences

Posted on 24/08/2008

The Telecom Regulatory Authority (TRA) on Saturday announced that it has invited bids for mobile television broadcast licences in the UAE. The TRA held a public consultation on the licensing of broadcast mobile TV from May 28 to June 26. On June 17, a briefing was held on the draft invitation document in Abu Dhabi, where a public invitation was announced in all UAE newspapers. Many interested parties attended the briefing and used the opportunity to get a better understanding of the draft ...  >>MORE

UAE has highest mobile penetration in GCC

Posted on 10/08/2008

The UAE had the highest mobile phone penetration in the Arab world at the end of 2007, with its subscribers far exceeding its population. Figures showed the number of mobile phone subscribers in the country stood at 7.6 million at the end of last year – a ratio as high as 173 to each 100 people. The figure is far higher than any other Arab state and more than triple the world average of 49.3 for every 100 people, research by the Kuwaiti-based Inter-Arab Investment Guarantee Corporation ...  >>MORE

Yahsat's US$1.2b non-recourse finance oversubscribed

Posted on 07/08/2008

Al Yah Satellite Communications Company PJsc (Yahsat), the UAE's first nationally-owned satellite operator and wholly-owned subsidiary of Mubadala Development Company (Mubadala), has secured commitments for US$1.2 billion to finance the Middle East's first hybrid satellite communications system. The fourteen-year non-recourse financing is split in to a US$1,014 million term loan, US$100 million of stand-by facilities and a US$80 million in debt service reserve letter of credit. "Yahsat ...  >>MORE

du joins STC's roaming service

Posted on 29/07/2008

UAE based mobile operator du joins the new Unified International Roaming service launched by Saudi Telecom Company (STC), the region's largest telecommunications company. The new service which will start in August 2008 will cover most of the Middle East, Europe, Indonesia, Turkey, and South Africa comprising 30 global telecommunications operators announced Eng. Saud Al Daweesh, STC President & CEO. This network will provide travellers with fixed and low cost rates for calls during their stay ...  >>MORE

du announces revenues of Dh908 million in second quarter

Posted on 25/07/2008

Emirates Integrated Telecommunications Company PJSC (du) announced Thursday its second quarter financial results, showing steady growth in revenues as well as subscribers. The company reported revenues of Dh908 million for the period ended 30 June 2008, an increase of 20% from the previous quarter (Dh756 million) and a 200% increase from the comparable quarter in 2007 (Dh302 million). Mobile revenue was reported at Dh670 million, an increase of 20% from the previous quarter (Dh560 million) ...  >>MORE

etisalat assigned 'A+/A-1' ratings; outlook stable

Posted on 23/07/2008

London - Standard '&' Poor's Ratings Services said today it assigned its 'A+' long-term and 'A-1' short-term foreign and local currency corporate credit ratings to Emirates Telecommunications Corp. (etisalat), the former incumbent fixed-line and leading mobile telecommunications operator in the United Arab Emirates (UAE). The outlook is stable. The ratings are supported by etisalat's leading market position in both fixed and mobile telephony in the UAE telecoms market, despite the introduction ...  >>MORE

etisalat takes lead in table of world's fastest-growing mobile operators

Posted on 23/07/2008

London - Informa Telecoms '&' Media today revealed the fastest growing telecommunications companies in the world according to proportionate subscription growth during the first quarter of 2008. The study was published in the July issue of its Global Mobile newsletter and comes just prior to a meeting of the world's largest telcos at SEAsia Com which is taking place this week in Kuala Lumpur. "The number of proportionate subscriptions for the top 30 listed operators ranked by Global Mobile ...  >>MORE

etisalat board to distribute dividends at 25% for the first half of 2008

Posted on 19/07/2008

etisalat's Board confirmed the distribution of mid-year dividends at 25% par value for the first half of 2008. During the Board Meeting held yesterday at etisalat Head Office in Abu Dhabi, the Board members also discussed the company's performance, revenues and profits for the fiscal year 2008. etisalat's Board Members praised the performance of the company in the first half of the year 2008. etisalat recorded net profits of Dh5,117 million - an increase of 37% on 2007 figures (Dh3,732 ...  >>MORE

etisalat announces financial results for first half 2008

Posted on 15/07/2008

etisalat yesterday announced its consolidated financial results for the group for the second quarter of 2008. The results showed a significant growth in revenues, profits and subscriber numbers. The company reported Dh2,995 million in net profits for the second quarter. This takes net profits for the first half of 2008 to 5,118 million an increase of 37.1% on 2007 figures. Net profits in the second quarter of 2007 were recorded at Dh1,895 million and Dh3,732 million for the first half of ...  >>MORE

etisalat rolls out 056

Posted on 15/07/2008

Fresh customers seeking etisalat mobile phone connections are being given numbers with the prefix ‘056' as the service provider has almost exhausted the limit of prefix ‘050' allotted to it by the UAE Telecom Regulatory Authority (TRA). "We started rolling out the new prefix ‘056' to customers from February,” Omar Al Muzakki, Director of Product Marketing, etisalat told Khaleej Times yesterday. He, however, stated that ‘050' may never be completely out of stock since people cancel residency ...  >>MORE

Phone calls to be cheaper says TRA

Posted on 06/07/2008

Telephone calls could become cheaper in the UAE under a new directive by the local regulatory authority. The UAE's Telecommunications Regulatory Authority (TRA) has directed the two telecom service providers – etisalat and du – to make network adaptations in fixed line network, which will lower the cost to consumers. "Since 2007, many consumers in the UAE were able to choose their provider of national and international fixed line calls via a technology called Carrier Selection Service (CS). ...  >>MORE

Telecom market to rise 63pc

Posted on 03/07/2008

The UAE telecoms market is projected to grow 63 per cent to Dh35.27 billion in four years on the back of increased mobile phone penetration rate hitting a regional high of 188 per cent. The record high penetration, shared by etisalat and du, also implies that there are nearly two SIM cards per person in the UAE. UAE's population growth, projected at a five- year compounded annual growth rate (CAGR) of 4.8 per cent, will be the key driver for the sector, resulting in a combined CAGR of 8.6 per ...  >>MORE

etisalat and France Telecom to make joint investments

Posted on 03/07/2008

etisalat and France Telecom will collaborate in a number of diversified areas including in Home services, contents, international network, besides making joint investments in the sector. An MoU which was signed in Paris, yesterday between Mohammad Omran, chairman of etisalat and Didier Lombard, chairman and CEO of France Telecom, is being dubbed as ‘landmark' as it will open flood gates of sector-specific business opportunities, collaborations, launch of products and making forays into the ...  >>MORE

etisalat rises on FT's top 500 companies' list

Posted on 29/06/2008

UAE's telecom operator etisalat has risen in the list of world's 500 most valued companies compiled by the UK's Financial Times. In the 2008 list, etisalat was placed at 219 compared to 444 last year. The companies are ranked by market capitalisation. etisalat's market cap has been put at US$38.7 billion (Dh142bn), while its turnover stands at US$5.7bn and net income at US$1.98bn. From the region, three Saudi Arabian companies also feature in the list. Petrochem giant Sabic features at 49, ...  >>MORE

etisalat signs alliance with Microsoft

Posted on 25/06/2008

etisalat has announced a strategic alliance with Microsoft Corporation on Monday. This is an ambitious initiative aimed at creating a powerful technology partnership that will support etisalat's strategy in becoming an end-to-end ICT solutions provider. The partnership will enable etisalat to offer innovative services based on shared product roadmaps to its enterprise customers, SMBs and consumers. Microsoft and etisalat will engage in joint efforts to market and sell products and services ...  >>MORE

Mobile phone TV licence by next year: TRA

Posted on 19/06/2008

The telecom operators in the country would be providing mobile phone television services by next year, as the Telecommunication Regulatory Authority (TRA) kickstarted the process to grant the licences. The procedures to grant the licence to offer mobile phone television services would be completed by the end of the year, said Mohammed Al Ghanem, Director-General of the TRA, as he initiated the first phase of the licensing process. Though there is no deadline fixed to offer the mobile ...  >>MORE

etisalat expands roaming coverage

Posted on 15/06/2008

etisalat has further enhanced its position as the region's leading provider of international roaming services by expanding its partnership network to include 510 telecommunication companies across the globe. This extended network enables etisalat customers to use their mobiles while travelling to 186 countries. "The UAE has diverse communities with high demand for travelling abroad for business or to visit friends and family. etisalat is obliged to meet the communication needs of this ...  >>MORE

Etisalat Internet customers go global with iPass

Posted on 13/06/2008

Etisalat has announced a partnership with global mobility service provider iPass, enabling Etisalat Internet subscribers to access the Internet at over 60,000 wired and wireless locations in 150 countries around the world. Subscribers travelling abroad will be able to use the roaming facility by entering their Etisalat Internet account log-in details. Customers can choose to log on at Wi-Fi Hotspots or via a dial-up connection from their laptop or desktop computers world wide. Benefits of ...  >>MORE

Du to roll out triple-play services for housing projects

Posted on 11/06/2008

DU announced that it has been chosen by the Sheikh Mohammad Bin Rashid Housing Establishment as the lead telecom provider to provide Fibre-to-the-Home (FTTH) based triple-play telecom services across all housing projects. Al Warqa'a, the first housing project to benefit under the plan, is ready to be commissioned across all of its 544 villas. It has been also agreed that du will also roll out Triple-play services for villas at Oud Al Mateena and Al Barsha. The residents of all three housing ...  >>MORE

Etisalat profits

Posted on 10/06/2008

The Kuwait Financial Centre (MARKAZ) said in a recent report that the net profits of Emirates Telecommunication Corporation (etisalat) were expected to grow by 22 per cent to US$2.42 billion this year compared with nearly US$1.99 billion last year. According to the report, the corporation showed a robust performance over the past few years and its growth was expected to continue in the years to come. –The Gulf Today ...  >>MORE

du launches syndication of Dh3bn loan

Posted on 05/06/2008

Dubai-based telecom firm du has launched syndication of a Dh3 billion loan via mandated lead arrangers and bookrunners Mashreq and WestLB, a banking source said. Proceeds will be used to finance the company's retail network across the UAE. The three-year loan pays a margin of 125 basis points (bps) over Libor. In syndication banks are invited to commit US$60 million equivalent for an upfront fee of 60 bps, US$40m for 45 bps, or US$20m for 30 bps. Last month, du said it had two million mobile ...  >>MORE

du moves to block 'PC-to-phone,' 'phone-to-PC' calls with Skype

Posted on 04/06/2008

Monitoring its web content as per the UAE Telecommunication Regulatory Authority (TRA) guidelines, du recently banned the use of Skype to make 'PC-to-phone' and 'phone-to-PC' calls. The part ban was put in place recently, a du spokesperson said yesterday. "du hasn't blocked the use of Skype or its web site. du only blocked the 'PC-to-phone' and 'phone-to-PC' communication as per the TRA's guidelines with regard to content filtering," said a spokesperson in a statement issued to Khaleej Times. ...  >>MORE

UAE highest adopter of telecommunications services

Posted on 03/06/2008

The United Arab Emirates is the most connected country in the Arab World, according to the Arab Advisors Group's annually released Total Country Connectivity Measure (TCCM). The Arab Advisors Group, a member of the Arab Jordan Investment Bank Group, calculates the TCCM by adding the household mainlines penetration, cellular penetration, and Internet users' penetration rates in each country. These results were released on the first day of the Fifth Annual Media and Telecommunications ...  >>MORE

du launches freetime offer on international phone calls

Posted on 03/06/2008

du yesterday announced the launch of its Freetime offer with which du mobile users can receive free credit every time they make an international call to any destination. For every one second of every international call, the customer gets one fils of free credit. So, for a one-minute call they get 60-fils worth of credit. This means that a customer can save as much as 60 per cent on international call rates depending on the country they are calling and the time they are calling. The Freetime ...  >>MORE

etisalat announces agreement with IIR Middle East

Posted on 01/06/2008

etisalat announced it has signed a strategic agreement with IIR which will see etisalat positioned as the technology partner for nine IIR conferences that will be held during 2008. These conferences include Marketing 2008, Innovation Management Conference, The Corporate Social Responsibility Summit, PR Congress, Leaders in Abu Dhabi, Leaders in Dubai and others. Ahmed Bin Ali, vice president, corporate communications at etisalat, said: "This agreement is aligned with etisalat's strategy to ...  >>MORE

Sharjah TV offers flash news across mobile phones

Posted on 01/06/2008

Sharjah Television, in cooperation with etisalat, has launched a new service for broadcasting flash news through mobile phones. Director of Sharjah Radio and Television Khalid Safar said that the news will be transmitted using etisalat's SMS at a nominal fee of Dh4 per week. – Emirates News Agency, WAM ...  >>MORE

Etisalat to introduce World Mate Mobile Travel service for Blackberry users

Posted on 29/05/2008

Corporate executives and businessmen challenged by their busy lifestyle and constant travel plans can now find a solution to managing their travel itinerary with etisalat announcing plans to introduce the World Mate Live application which operates on BlackBerry Smart phones. World Mate Live is a first-of-its-kind mobile travel service empowering frequent fliers with travel information in real-time. World Mate Live acts as a personal Travel Assistant by automatically delivering valuable content ...  >>MORE

etisalat and Tata Communications to deliver world class communication services in the UAE

Posted on 28/05/2008

At MECOM 2008, etisalat yesterday announced entering a Memorandum of Understanding (MoU) with Tata Communications (NYSE: TCL), a leading provider of the new world of communications, in order to provide enterprise grade network services in the UAE. The alliance will significantly enhance Ethernet capabilities within the United Arab Emirates (UAE) and consequently enable the companies to expand the array of connectivity services and value adds they bring to customers. Under the terms of the ...  >>MORE

Virtual mobile 'no threat' say etisalat and du

Posted on 27/05/2008

The top executives of the two telecommunication providers in the United Arab Emirates say they have nothing to fear from the introduction of competition from new mobile operators in the future. The Chairman of etisalat and the chief executive of du were speaking on the sidelines of the Middle East Communications Exhibition and Conference (MECOM 2008) which was officially opened Sunday at the Abu Dhabi National Exhibition Centre by HE Khaldoon Al Mubarak, Chairman of Abu Dhabi Executive Affairs ...  >>MORE

du exceeds 2 million customer mark in 15 months

Posted on 26/05/2008

du, the integrated telecommunication operator in the UAE announced Sunday that it has exceeded the 2 million customer mark. This milestone is achieved within 15 months from the launch of mobile services. In line with its policy to pioneer best practices and bring greater transparency into the market starting from the first quarter of 2008, du has begun to announce the number of active subscribers, as defined by the Telecommunications Regulatory Authority (TRA). Under the TRA's definition, ...  >>MORE

Thuraya collaborates with ITU for relief campaigns in Asia

Posted on 22/05/2008

In support of the on-going relief activities in Asian countries, Thuraya Telecommunications Company has given key telecom equipment to the International Telecommunications Union (ITU), with a view to distributing them to relief operation teams in disaster-struck countries. Thuraya has provided a quantity of mobile handhelds and DSL terminals for both mobile and data communications, which is instrumental to any disaster management effort. To help alleviate human suffering and boost the ...  >>MORE

Etisalat unveils strategy to realise group synergies

Posted on 22/05/2008

Mohammad Hassan Omran, Chairman of etisalat yesterday delivered his vision for the etisalat Group of companies, stressing on the need for a close working relationship between subsidiaries and the value of leveraging synergies between operations. Mr. Omran was speaking at the Telecom Finance Middle East and Africa forum, which is being held at Madinat Jumeirah Hotel, Dubai, from 21-22 May. Omran said: "This year will see an increasing impetus placed on our non-core businesses and on the ...  >>MORE

Yahsat to raise US$1.2 billion for satellite financing

Posted on 21/05/2008

Al Yah Satellite Communications Company PrJsc (Yahsat), the UAE's first nationally-owned satellite operator and wholly-owned subsidiary of Mubadala, is approaching the financial market to raise US$1.2 billion to finance its satellite communications system. The fourteen-year non-recourse financing will raise US$1 billion in term loan, US$100 million in stand-by term loans and US$85million in debt service reserve letter of credit. Yahsat intends to close the financing with a club of 15 banks by ...  >>MORE

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Quick List

UAE's first earth observation satellite to launch in late 2008


Etisalat acquires 45% in Indian mobile operator Swan Telecom


Etisalat 'eGlobe Interconnect' extends its reach


Etisalat new ePay services launched


Etisalat to enter Iraq by year-end


Du contributes to fixed-line growth in 2007, says TRA


etisalat users can enjoy a host of Ramadan offers


etisalat opens new portal for BlackBerry


TRA invites final bids for mobile television broadcast licences


UAE has highest mobile penetration in GCC


Yahsat's US$1.2b non-recourse finance oversubscribed


du joins STC's roaming service


du announces revenues of Dh908 million in second quarter


etisalat assigned 'A+/A-1' ratings; outlook stable


etisalat takes lead in table of world's fastest-growing mobile operators


etisalat board to distribute dividends at 25% for the first half of 2008


etisalat announces financial results for first half 2008


etisalat rolls out 056


Phone calls to be cheaper says TRA


Telecom market to rise 63pc


etisalat and France Telecom to make joint investments


etisalat rises on FT's top 500 companies' list


etisalat signs alliance with Microsoft


Mobile phone TV licence by next year: TRA


etisalat expands roaming coverage


Etisalat Internet customers go global with iPass


Du to roll out triple-play services for housing projects


Etisalat profits


du launches syndication of Dh3bn loan


du moves to block 'PC-to-phone,' 'phone-to-PC' calls with Skype


UAE highest adopter of telecommunications services


du launches freetime offer on international phone calls


etisalat announces agreement with IIR Middle East


Sharjah TV offers flash news across mobile phones


Etisalat to introduce World Mate Mobile Travel service for Blackberry users


etisalat and Tata Communications to deliver world class communication services in the UAE


Virtual mobile 'no threat' say etisalat and du


du exceeds 2 million customer mark in 15 months


Thuraya collaborates with ITU for relief campaigns in Asia


Etisalat unveils strategy to realise group synergies


Yahsat to raise US$1.2 billion for satellite financing