Skip to main content

Home/ GCC telecom report 2013/ Group items tagged Saudi

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
Marius Miginis

UAE's Du considers plan for Saudi MVNO licence - 0 views

www.telegeography.com/...rs-plan-for-saudi-mvno-licence

Etisalat UAE du

shared by Marius Miginis on 25 Apr 13 - No Cached
  • Marius Miginis on 25 Apr 13
     
    "Du is reportedly considering plans to bid for a mobile virtual network operator (MVNO) licence in neighbouring Saudi Arabia, in what would be its first foray into international waters. The National newspaper quotes DU chief executive Osman Sultan as confirming the cellco's intentions to look for new opportunities overseas, possibly in Saudi Arabia, as it battles with rival Etisalat in an increasingly saturated local mobile market. The Kingdom is planning to auction off three MVNO concessions later this year. Du is also keen to explore other MVNO options in other markets the CEO confirmed, although no decisions have been taken as yet."
Marius Miginis

Exciting offers to lift Saudi telecom sector to new heights | ArabNews - 0 views

www.arabnews.com/400261

Saudi_Arabia Mobily Zain STC

shared by Marius Miginis on 25 Mar 13 - No Cached
  • has been constantly changing with the young population actively joining the work force and desire to follow a modern lifestyle.
  • Zain has been clearly targeting users below 15 years old; this is reflected in its TV ads and campaigns.
  • ARPU of around SR96-100
  • ...4 more annotations...
  • Mobily is far behind at SR65 below
  • ARPU of SR77.
  • Saudi mobile pricing is relatively high by the standards of developing markets
  • On the other hand, ARPU in various Gulf countries like UAE, Kuwait and Qatar stands at $30-55, which is substantially higher than that in Saudi Arabia.
  • Marius Miginis on 25 Mar 13
     
    ARPU of GCC
Marius Miginis

REFILE-UPDATE 1-Zain Saudi Q4 net loss narrows by 4 pct | Reuters - 0 views

www.reuters.com/...-results-idUSL6N0AQ0RN20130121

Saudi_Arabia Zain

shared by Marius Miginis on 03 Mar 13 - No Cached
  • No.3 mobile company, an affiliate of Kuwait's Zain, made a net loss of 443 million riyals ($118.1 million) in the three months to Dec. 31. This compares with a net loss of 461 million riyals in the prior-year period.
  • Quarterly gross profit was 739 million riyals, up from 691 million riyals a year ago.Loss from operations widened by 23 percent to 262 million riyals, compared with 213 million riyals for the same quarter last year.
  • Marius Miginis on 03 Mar 13
     
    Kuwait operating in loss
Marius Miginis

UPDATE 2-Saudi Mobily eyes further data growth as Q4 rises 11 pct | Reuters - 0 views

www.reuters.com/...mobily-q-idUSL6N0AO05K20130119

Saudi_Arabia Mobily

shared by Marius Miginis on 03 Mar 13 - No Cached
  • Data accounted for 27 percent of Mobily's full-year revenue, up from 22 percent in 2011
  • Marius Miginis on 03 Mar 13
     
    Data revenue 27 per cent of all revenue in 2012
Marius Miginis

Enterprise biz will drive telecom opportunities in Saudi Arabia | TelecomLead.com: Tele... - 0 views

www.telecomlead.com/...-opportunities-in-saudi-arabia

Saudi_Arabia Mobily Zain STC

shared by Marius Miginis on 14 Mar 13 - No Cached
  • On the other hand, increased sales coming from handset items and the corporate segment may pressure margins for Mobily.
  • For Zain, on the one hand its financial outlook has improved post its balance sheet restructuring due to lower interest payments.
  • remains significantly behind STC and Mobily in terms of market share and available products, and the top-line performance has been muted in the past several quarters, holding back the pace of its recovery.
  • ...1 more annotation...
  • The sector’s main concern is price-led competition, with voice ARPUs under significant pressure. NCB Capital said the price-led competition is now also moving into the data segment with operators increasingly launching new offers and different packages to gain subscribers. The commencement of operations from Mobile Virtual Network Operators would be another source of pressure for existing operators.
  • Marius Miginis on 14 Mar 13
     
    Drivers and Restrains
Marius Miginis

UAE Mobile Subscribers +13% In 1Q Vs Yr Ago; Penetration Rate At 154% - Zawya - 0 views

www.zawya.com/...n_rate_at_154-ZW20120607000121

UAE du Etisalat

shared by Marius Miginis on 12 Feb 13 - No Cached
  • reached 1.5 million by the end of the first quarter, while pre-paid subscribers hit 10.9 million
  • Fixed-line telephone subscribers reached 1.9 million by the end of the first quarter of 2012, up from 1.7 million in the same quarter of 2011.
  • Marius Miginis on 12 Feb 13
     
    Du, the country's biggest second telco, said in May that it is looking at mobile virtual network operator, or MVNO, opportunities to expand its footprint for the first time outside its home market. Abu Dhabi-based Etisalat meanwhile already operates in Saudi Arabia, Egypt and Nigeria amongst other countries.
Marius Miginis

STC profit plunge shocks market; stock tumbles - Telecoms - News & Features - ITP.net - 0 views

www.itp.net/ge-shocks-market-stock-tumbles

Saudi STC Mobily

shared by Marius Miginis on 23 Jan 13 - No Cached
  • In its home market, the kingdom's former monopoly is facing increased competition from Mobily and Zain Saudi and handed the reins to a new chief executive last year to renew its focus on domestic operations, which account for two thirds of the company's revenue.
  • Between 2006 and 2011 STC suffered a 40% drop in annual profit, after the market was opened to competitors Mobily (in 2005) and Zain (in 2008).
  • fixed-line offerings by packaging phone, TV and Internet services
  • ...3 more annotations...
  • STC stock to a three-year high in January, but net income in the last quarter of 2012 was yesterday revealed to have fallen from SAR2.28bn a year earlier, to SAR468m.
  • STC's main competitor, Etisalat affiliate Mobily, on Saturday announced an 11% rise in quarterly profit in Q4 2012 to SAR1.9bn
  • Mobily's full-year profit increased by 18% in 2012, growth the operator attributed to an increase in data revenues, which rocketed by 41% year-on-year and accounted for 27% of total revenues
Marius Miginis

Du sees possible regional expansion after two years | Telecoms | AMEinfo.com - 0 views

www.ameinfo.com/du-regional-expansion-330557

uae du

shared by Marius Miginis on 24 Feb 13 - No Cached
  • UAE telecoms firm Du has said it's dropping plans to expand into Saudi Arabia because it would need to find a partner, Reuters has reported. The Dubai-based firm did not meet the criteria to bid for one of three mobile virtual network operator (MVNO) licences for sale in Saudi Arabia, said Du chief executive, Osman Sultan. "We wouldn't qualify directly [and] going there through some kind of partnership would make the financial equation less interesting," Sultan told reporters. "I don't see us going into regional expansion at least in the coming two years in the traditional way, which is new licences.
  • Marius Miginis on 24 Feb 13
     
    du plan of international expansion after 2 years
Marius Miginis

Saudi Gazette - KSA: Telecom competition heats up - 0 views

www.saudigazette.com.sa/index.cfm

Saudi_Arabia STC Zain Mobily

shared by Marius Miginis on 03 Mar 13 - No Cached
  • Of the nearly $90bn expected to be spent on ICT infrastructure in the Kingdom by 2012, $67b is projected to be spent on telecommunications.
  • Etihad Etisalat (Mobily) has posted impressive numbers – both in subscribers and profits – and 2009 was no exception
  • Mobily’s services revenues rose 21 percent to reach SR13.06bn ($3.48bn) versus SR10.79bn ($2.88bn) the previous year.
  • ...2 more annotations...
  • SR50.75bn ($13.53bn) in 2009 up 6.9 percent from SR47.47bn ($12.66bn) in 2008.
  • SR3bn ($800m) and net loss for the year amounted to SR3.10bn ($827m).
  • Marius Miginis on 03 Mar 13
     
    KSA telcos performance in 2009 2008
Marius Miginis

Data and corporate segmentsdriving Saudi telecom growth | ArabNews - 0 views

www.arabnews.com/445782

Saudi_Arabia Mobily Zain STC

shared by Marius Miginis on 25 Mar 13 - No Cached
  • that the Kingdom’s strong macro outlook coupled with the government’s increasing expenditures will continue to support growth in the sector.
  • The broadband and corporate segments remain the primary growth drivers for the sector
  • Increasing competition and change in regulations are the main concerns while the impact of MVNOs is mixed
  • ...10 more annotations...
  • Mobily over STC due to its stronger outlook and fewer concerns given its domestic focus versus international exposure
  • Mobily by 14.5 percent due to lowering our capex estimates for the period 2013-2017 by 8 percent following management’s guidance, as well as the expansion in the valuation multiples and increased longer term financials
  • NCB Capital continues to believe growth will be mainly driven by the data and corporate segments, supported by continued investments and increased low-cost smart phone penetration rates.
  • main concerns are increased price-led competition in growth segments (data and corporate), further changes in the CITC’s regulations and fragmentation of the market due to the entrance of MVNOs.
  • This growth is expected to be mainly driven by the data and corporate segments. We expect the increase in smart phone penetration rates to support the growth in data, while growth in the corporate segment would be led by the increasing focus on providing business solutions to corporations.
  • STC will still focus on its international business and possibly increase its exposure in this segment as it is actively looking for expansion opportunities in the Middle East region
  • believe growth will come from the data and corporate segments with both expected to record double digit growth in 2013 and contribute 30 percent and 12 percent to its total revenue for the year
  • STC’s domestic operations (68 percent to total revenues in 2012) will do well throughout our projection period, relative to its international operations
  • lowering total capex for the years 2013-2017 by 8 percent following management’s guidance which increased our PT by 3.1 percent and
  • Zain have increased by around 2 percent due to improved financials in 2012 which reflected positively on our projection
  • Marius Miginis on 25 Mar 13
     
    " fragmentation of the market due to the entrance of MVNOs"
Marius Miginis

Mobile subscriptions in the UAE jump 13 per cent | GulfNews.com - 0 views

gulfnews.com/...uae-jump-13-per-cent-1.1033128

UAE du Etisalat

shared by Marius Miginis on 12 Feb 13 - No Cached
  • the size of the UAE population. The new figure is 8 million, compared with the 5.5 million people used previously.
  • Du said in May it is looking at mobile virtual network operator, or MVNO, opportunities to expand its footprint for the first time outside its home market. Abu Dhabi-based etisalat meanwhile already operates in Saudi Arabia, Egypt and Nigeria amongst other countries.
  • March amounted to 12.4 million, up from 11 million in the same period a year ago.
  • ...3 more annotations...
  • 13 per cent on the yea
  • Using the TRA’s previous figure for the UAE’s population, the rate of mobile penetration was about 200 per cent, but on the basis of the new number that drops to about 154 per cent
  • 1.5 million by the end of the first quarter, while pre-paid subscribers hit 10.9 million. Internet subscribers amounted to 904,270 at the end of March, down from 1.4 million in the same period a year ago.
  • Marius Miginis on 12 Feb 13
     
    du may look for opportunities abroad MVNO
Marius Miginis

Du picks up the pace with 4G mobile broadband - The National - 0 views

www.thenational.ae/...-pace-with-4g-mobile-broadband

uae du Etisalat

shared by Marius Miginis on 24 Feb 13 - No Cached
  • 4G service fast enough to download a movie in just two and a half minutes,
  • UAE telecommunications firm plans to charge subscribers Dh555 (US$151) a month for the speedy mobile-data service, which is currently available through a USB modem.
  • which offers speeds of 100 megabits per second
  • ...7 more annotations...
  • of Dh55, plus Dh500 for 25 gigabytes of data transfer, which it says is an introductory offer. Users must also make a one-off payment of Dh799 for a USB modem
  • There is a lot of growth expected in mobile broadband
  • 4G connections are available in the urban areas of Abu Dhabi and Dubai, but not in some of the more remote areas of the country
  • 4G-compatible smartphones and tablets to hit the UAE market soon.
  • Other operators in the Gulf region have also launched 4G networks in the past year. Etisalat and Zain Saudi Arabia admitted in April that uptake had been “slow”.
  • The majority of the decline comes from a decline in international voice revenue, which fell by 28 per cent [last year] compared to the previous year
  • 326,000 mobile-data users
  • Marius Miginis on 24 Feb 13
     
    4G deployment in UAE
Marius Miginis

Zain Group's profits drop 12.7% in 2012 | commsmea.com - 0 views

www.commsmea.com/...2

Kuwait Zain

shared by Marius Miginis on 24 Feb 13 - No Cached
  • Additional support from Zain Group ensured the Saudi operator improved its financial performance and results, which led to a reduction in its net loss by 9% year-on-year in 2012
  • highlighted challenges in Sudan, which saw its currency fall by 55% against the US dollar during 2012
  • Marius Miginis on 24 Feb 13
     
    Zain Group performance 2012
1 - 13 of 13
Showing 20▼ items per page