Telecoms & ITC

Qtel powers towards two million mobile customers

Qtel revealed that it is set to reach a new record of two million mobile customers in Qatar within the next two weeks, as customers continue to sign-up for its popular Hala and Shahry plans.

Zain Group extends its Agreement with Globitel

Globitel announced that Zain Group has officially extended its relationship to provide an advanced set of Roaming Solutions to all Zain Group mobile operations in Middle East, GCC and Africa.

GCC/UAE delivers strong performance in Global Information Technology Report's Network Readiness Index 08-09

ICT development remains an important component in the growth strategies of countries in the Middle East, as the region collectively delivered impressive results in the Network Readiness Index (NRI) of the Global Information Technology Report 2008-2009, which has been published by the World Economic Forum and Insead.

Egypt's Orascom Telecom declares 1 EGP dividend

Egypt's Orascom Telecom announced a 2008 dividend of one Egyptian pound ($0.18) per share, Egypt's stock exchange said. The regional mobile operator said shareholders will have the option to receive either a cash dividend or its stock equivalent. There are 900 million listed OT shares, stock exchange data showed. OT reported in May a 66 percent drop in first quarter net profit, citing currency devaluations versus the U.S. dollar in key markets. The firm is active in Algeria, Tunisia, Pakistan, Bangladesh, Zimbabwe and North Korea, in addition to Egypt.

Omantel signs five-year VPN agreement with Dhofar Insurance

Oman Telecommunications Company, also knows as Omantel, has signed a five-year agreement with Dhofar Insurance Company to connect the insurer's branch offices with its main office through a virtual private network, according to reports. Omantel will use the high speed multi-protocol label switching (MPLS) technology as part of the virtual private network (VPN), to link 36 branches of Dhofar Insurance with its main office at a speed of 4mbs per second. It will also provide the Omani insurer with computer terminals and other necessary equipment, according to reports.