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Marius Miginis

International ops drive 15% rise in Etisalat FY revenue - 0 views

  • (Etisalat) has reported revenue of AED32.946 billion (USD8.97 billion) for the twelve months ended 31 December 2012, an increase of 2% from AED32.242 billion a year earlier, on the back of an 11% year-on-year rise in international turnover to AED9.4 billion. The growth in the firm’s overseas operations offset a 1% decline in UAE revenues to AED22.7 billion for 20
  • fixed broadband customers by 8% to 800,000
  • UAE the figure was AED1.8 billion (an increase of 2%), which was mainly focused on enhancing capacity and its 4G network.
Marius Miginis

UAE Telecommunications Sector booms - Khaleej Times - 0 views

  • increased 10.5% to over 1.3 million, showed the figures. The percentage of Internet subscriptions connected by fibre technology increased by 70.8% as customers were migrated from copper networks to new advanced networks.
  • In 2011, it contributed nearly 4.9% to UAE Gross Domestic Product and provided employment to 10,798 people.
Marius Miginis

Etisalat posts 27% rise in profit for 2012 | commsmea.com - 0 views

  • Etisalat Group posted a net profit before royalty of AED 13.2 billion ($3.59bn) for 2012, a rise of 27% year-on-year,
  • 1% in its home market of the UAE, to AED 22.7 billion for the year.
  • 11% to AED 9.4 billion, representing 29% of group consolidated revenues. In Egypt, revenues at Etisalat Misr reached AED 5.1 billion, up 13% compared to the reported results for 2011
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    Etisalat 2012 figures
Marius Miginis

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

  • 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
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  • 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.
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    ARPU of GCC
Marius Miginis

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

  • 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
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  • 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
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    " fragmentation of the market due to the entrance of MVNOs"
Marius Miginis

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

  • 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.
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  • 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.
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    Drivers and Restrains
Marius Miginis

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

  • Data accounted for 27 percent of Mobily's full-year revenue, up from 22 percent in 2011
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    Data revenue 27 per cent of all revenue in 2012
Marius Miginis

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

  • 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.
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    Kuwait operating in loss
Marius Miginis

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

  • 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.
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  • 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).
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    KSA telcos performance in 2009 2008
Marius Miginis

Batelco launches LTE service in Bahrain | commsmea.com - 0 views

  • Batelco, has become the first telco in the country to launch an LTE servic
  • Swedish vendor, Ericsson. Batelco launched the service on the 1.8 Ghz spectrum.
  • We have been working very proactively and Batelco has been an excellent partner to really anticipate the market here.
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    Batelco launched LTE service in 2013
Marius Miginis

Qtel rebrands as Ooredoo | commsmea.com - 0 views

  • These companies, in which Ooredoo already has a controlling interest, include brands such as Qtel in Qatar, Indosat in Indonesia, Wataniya in Kuwait, Nawras in Oman, Tunisiana in Tunisia, and Nedjma in Algeria.
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    Qtel group rebrands to Ooredoo
Marius Miginis

Zain, Huawei sign MOU on Kuwait innovation centre - Telecoms - News & Features - ITP.net - 0 views

  • Zain has announced that it will join forces with China based kit maker Huawei
  • Zain prides itself for being the only telecommunications company in Kuwait that offers its customers various telecommunication solutions while providing the best mobile services experience in town.
  • Huawei to launch the first joint innovation centre
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  • Huawei has launched more than 28 joint innovation centres worldwide in addition to 16 global research and development (R&D) centres.
  • the fastest mobile broadband services to customers across Kuwait, Zain has succeeded in evolving various generations of world-class technologies in order to provide its customers today with an expansive coverage network and high-speed LTE acces
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    Zain signs MoU with Huawei to provide telcom infrastructure
Marius Miginis

Etisalat, Alcatel-Lucent partner on LTE - Telecoms - News & Features - ITP.net - 0 views

  • LTE networks enable the fastest speeds commercially available for mobile networks, accommodating multimedia applications such as video conferencing, high-definition content transmission and high-speed video downloads from social networks.
  • Etisalat has signed an agreement with Alcatel-Lucent to ensure the operator's service rollout is as fast as possible. "Etisalat Lanka already offers the fastest mobile broadband experience in Sri Lanka and through LTE will bring broadband connectivity across the country
  • The mobile broadband infrastructure expertise Alcatel-Lucent brings in, assures Etisalat to deliver revolutionary 4G LTE services to our customers.  We at Etisalat strive to provide services that are fast, safe and meaningful to our customers and society."
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  • he fact that roughly 95% of the population currently has a wireless device means that Sri Lanka is both a very exciting and very competitive marketplace.
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    Etisalat signs agreement with Alcatel Luscent
Marius Miginis

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

  • 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
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  • 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
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    4G deployment in UAE
Marius Miginis

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

  • 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.
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    du plan of international expansion after 2 years
Marius Miginis

Nawras secures $51m loan | commsmea.com - 0 views

  • Nawras, has signed two additional bilateral revolving credit facility agreements totalling OMR 20 million ($51.9m) with three-year tenure, for capital expenditure and working capital purposes
  • Nawras signed a financing agreement worth $182 million with a five-year tenure
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    Nawras investments in 2012, loans etc
Marius Miginis

Qatar mobile subscribers to reach 4.1m: analyst | commsmea.com - 0 views

  • With a high mobile penetration rate of around 170%, we expect mobile subscriber growth rate in Qatar to mirror expected population growth rate of around 3.7% per annum going forward
  • 3m mark this year, with the country counting a total population of 1.9m people
  • Consumers in Qatar can now retain their existing mobile phone number when switching service providers, increasing the competition between incumbent Qtel and Vodafone Qatar.
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    Qatar mobile market growth
Marius Miginis

Du sees profit more than double in Q4 | commsmea.com - 0 views

  • market segmentation to identify and meet the differing needs of our customers, successfully launching a number of market-leading propositions to address the diverse value and service capability requirements of our prepaid, postpaid and enterprise customers
  • received US$700m in finance during 2012, allowing it to invest US$468m in the network and IT
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    du performance in 2012
Marius Miginis

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

  • 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
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    Zain Group performance 2012
Marius Miginis

Etisalat posts 27% rise in profit for 2012 | commsmea.com - 0 views

  • Etisalat Group posted a net profit before royalty of AED 13.2 billion ($3.59bn) for 2012, a rise of 27% year-on-year, while revenues reached AED 32.9 billion, up 2% compared to 2011.
  • Etisalat saw revenues decline by 1% in its home market of the UAE, to AED 22.7 billion for the year.
  • The decline was mainly attributed to a decrease in voice revenues in mobile and fixed segments, although this compensated by growth in the internet and data segments.
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    etisalat performance in 2012
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