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Telecom Egypt, Etisalat negotiating 500m-plus loans for 4G licences

2016-07-21 02:00:00| Total Telecom industry news

Egyptian operators in talks with banks, newswire reports.

Tags: loans egypt telecom negotiating

 

Etisalat sells Sudanese fixed-line firm to Zain

2016-05-04 02:00:00| Total Telecom industry news

U.A.E. operator to offload Sudanese business Canar, giving Zain a fixed presence in the market.

Tags: firm sells sudanese zain

 
 

Etisalat names new group CEO

2016-03-29 02:00:00| Total Telecom industry news

Saleh Al Abdooli to oversee U.A.E.-based telco's domestic and international operations.

Tags: group names ceo group names

 

Etisalat appoints Al-Abdooli as group CEO

2016-03-28 11:25:00| Telecompaper Headlines

(Telecompaper) Etisalat Group has appointed Saleh Adbullah al-Abdooli as its CEO. Abdooli replaces Hatem Dowidar, who was appointed interim CEO earlier this month after Ahmad Julfar resigned for personal reasons. Al Abdooli will now manage the company's international operations as well as the local UAE operations, in a restructuring move.

Tags: group ceo appoints etisalat

 

Etisalat Group FY revenue up 7% to AED 51.7 bln

2016-03-10 09:07:00| Telecompaper Headlines

(Telecompaper) Etisalat Group reported revenues up 7 percent to AED 51.7 billion for 2015, led by a strong performance in its home market and the takeover of Maroc Telecom. UAE revenues rose 6 percent to AED 28.8 billion, thanks to customer growth and more sales of bundled packages. The company's net profit fell to AED 8.3 billion from AED 8.6 billion in 2014, and EBITDA totalled AED 26.5 billion, resulting in an EBITDA margin of 51 percent. Etisalat Group reported total subscribers of 167 million at year-end. The board proposed a final dividend payout of AED 0.40 per share for 2015, representing a total dividend of AED 0.80 for the year and a dividend payout ratio of 84 percent.

Tags: group revenue aed bln

 

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