STC receives regulatory approval for IPO of its subsidiary
The Capital Market Authority approved an offering of 20% that represents 24 mn shares of Arabian Internet and Communications Services which is also known as solutions by STC...
Tag : Middle East Telecom
UAE records 21.929 mn telecom subscribers by the end of 2020
This includes mobile, landline and internet users...
Etisalat, du raise foreign ownership caps to 49%
Previously, foreign ownership was capped a 20%...
STC fined $2.67 million by Saudi authority
According to general authority for competition (GAC), STC was fined for abusing its dominant position...
UAE’s telecom regulator allocates new 5G frequency band
The frequencies allocated range between 24.25 - 27.5 GHz...
Saudi STC launches digital initiatives to fight Covid-19
The initiatives are in line with the precautionary measures taken to reduce the spread of the virus in the Kingdom...
Saudi Arabia’s STC to phase out 3G to make way or next gen tech
STC plans a smooth transition of all remaining 3G customers to 4G and 5G devices before 2022...
UAE telco du deploys first live millimetre wave 5G site at Yas Island
The site will provide ultra-high mobile broadband speeds of up to 2.1Gbps using a 26GHz frequency...
UAE-based telco Etisalat acquires German cybersecurity firm Help AG
Help AG acquisition will help Etisalat to protect its cloud, IoT, AI and big data line of business against sophisticated cyber threats...
UAE records 23.64 mn telecom subscribers in 2019
The number of mobile phone subscribers reached around 18,278,817...