Etisalat strikes consumer equipment deal with Huawei

UAE-based telco Etisalat Group has signed a new agreement with Huawei to bring new smart devices to local Etisalat telecom customers. The latest agreement will focus in particular on next generation high-speed internet devices as well as new smartphone offerings being developed globally by Huawei. “We recognise that brining the best service experience to our […]

Fox channels does content deal with ‘Middle East Netflix’

Fox International Channels has agreed a deal with ICFlix, the OTT operator that has been dubbed ‘the Netflix of the Middle East’. The programming deal means ICFlix subs can watch a range of shows from FIC’s National Geographic channel in English, Arabic and Farsi. The Nat Geo programming line-up on ICFlix will be updated monthly. […]

Du reports profit drop but ‘solid growth’

UAE-based service provider du reported a drop in Q4 profits, but said that its business had experienced a year of “solid growth,” in line with expectations. Du said fourth quarter net profit was AED570 million (€113 million), up sequentially but down 43% year-on-year, while revenues climbed 8.3% compared with Q4 2012 to AED 2.87 billion. […]

Arabsat signs African capacity deal with MICT

Middle East satellite operator Arabsat has signed a deal to provide satellite capacity over Africa to UAE-based IT and communications investment firm MICT (Morgan for Information and Communications Technology). Arabsat will provide MICT with satellite capacities on Arabsat-5C at the orbital position 20° East, providing full coverage to the African continent, as well as Arabsat’s […]

Vivendi to sell Maroc Telecom to Etisalat for €4.2 billion

UAE-based telco Etisalat is to acquire Vivendi’s majority stake in Maroc Telecom for €4.2 billion in cash. Vivendi and Etisalat have signed a definitive agreement for the sale of the Moroccan operator, in which Vivendi holds a 53% stake. Vivendi expects the deal to close in early 2014, subject to regulatory approval in the countries […]

Du appoints new CFO

UAE service provider du has appointed a replacement for chief finance officer, Mark Shuttleworth, who is set to leave the company early next year.  Amer Kazim will take over the post and is due to join the firm in December. He joins du from Dubai Airport, where he was senior vice president group services for […]

Vivendi to sell Maroc Telecom stake to Etisalat

Vivendi has entered into exclusive negotiations with UAE telco Etisalat for the sale of its majority stake in Maroc Telecom. Etisalat is offering MAD92.6 (€8.29) a share for the operator, giving Vivendi potential cash proceeds of €4.2 billion. Taking account of the net debt of Maroc Telecom, the deal places an enterprise value of €4.5 […]

Al Jazeera secures MENA English Premier League deal

Al Jazeera Sport has secured rights to English Premier League football in the Middle East and North Africa for the next three years, starting from next month. Al Jazeera has struck a deal with sports rights outfit MP & Silva, which secured the rights to distribute Premier League games in the region in January, for […]

Du makes board appointment

United Arab Emirates-based IPTV and telecoms provider Du has appointed Hana Al Rostamani, an executive with more than 15 years of experience in banking and financial services, to its board.  Al Rostamani is currently head of Strategy and Planning at First Gulf Bank and was nominated by shareholder Emirates Investment Authority as a representative to […]

OSN to add new channels from Philippines’ ABS-CBN

UAE-based pay TV operator OSN has struck a deal with Philippines broadcaster ABS-CBN to bring four new ABS-CBN channels to its platform from this week. OSN will offer flagship international entertainment channel TFC – The Filipino Channel, which offers a range of shows including Filipinas Got Talent, The Voice and Minute to Win It, sports […]