Facebook's Free Basics service, which aims to provide free access to Facebook and some partner websites in developing countries, was launched in Egypt two months ago by the mobile carrier Etisalat.
The partnership includes Airtel's MPLS (Multiprotocol Label Switching) services supported by its global network and Etisalat's Smarthub is the largest capacity, content, internet and data hub in the Middle East.
Issues regarding facilitation of investment by Gulf companies was discussed during the second meeting of India-UAE High Level Joint Task Force on Investments in Mumbai.
Airtel is looking to move out of smaller unprofitable markets and intends to use the sale proceeds to reduce its debt, sources said.
Tata Communications will enter into a a partnership with UAEs telecom giant Etisalat to build a multi-service regional network infrastructure accessed from EtisalatsSmartHub facility in the UAE, says a report.
"Bharti's return on capital employed (ROCE) has dropped another 140 basis points to 5.8 percent and there is high risk of significant spectrum payments. With the stock trading at 25 times FY15, we maintain their underperform call," CLSA report said.
Fujitsu Enables Pacific Controls Cloud Services to Deliver Cloud Solutions in the Middle East
CNBC-TV18's Sumit Jha and Kritika Saxena, quoting top government sources in the latest development in the Jet-Etihad deal, report that Etihad has expressed concerns to the government regarding the safety of its investment in Jet Airways.
Etisalat , the Gulf's No.2 telecommunications operator, will not completely sell out of any of its foreign markets, the company's chief executive said on Sunday.
International rating agency Fitch today said it expects most of the telecom companies whose licences were cancelled by the Supreme Court will not participate in the forthcoming spectrum auction.
Etisalat , the Gulf Arab region's No. 2 telecom operator, reported flat quarterly profit that beat estimates as rising international revenue offset declines at home.
In an official statement, Etisalat says that the issues raised by channel partners were caused by the conduct of Balwa and company.
In a new turn in the Etisalat-DB fight, Etisalat has claimed a compensation of upto Rs 1,600 crore, reports CNBC-TV18’s Kritika Saxena
UAE-based Etisalat today said it has started proceedings for winding up operations of its Indian venture, but it was not clear if its Indian partners Shahid Balwa and Vinod Goenka had consented to the move.
Russia's Sistema asked India to settle within six months a dispute over a court order to revoke 21 telecoms licences held by its joint venture in the country, and said it reserves the right to approach an international tribunal.
Real estate developer DB Realty today said it has no stake in Etisalat DB and its promoters invested in the telecom company in individual capacities. Also, Balwa and Goenka strongly believe that Etisalat needs to be held responsible for their wrongful act.
CNBC-TV18 learns that the move will lead to significant layoffs from Etisalat's end and IT companies like Tech Mahindra too will feel the ripple effects of the move.
Etisalat lenders have demanded dues of Rs 2,500 crore, reports CNBC-TV18 quoting sources.
Tech Mahindra Ltd is awaiting "official communication" from Etisalat , the company said, after a media report that the carrier has cancelled its outsourcing contract with the Indian provider as it shuts down its India network.
Etisalat's Indian joint venture will shut down its mobile phone network after the country's top court ordered all telecoms licences issued under a scandal-tainted 2008 sale be revoked in four months, including those held by the UAE carrier's joint venture.
The past week saw the highest body of law in the country deliver a pathbreaking ruling - that of revoking some 122 ...
analysts comments after the Supreme Court revoked 122 telecoms licences issued under a scandal-tainted 2008 sale in a judgement that could further darken the business climate in Asia's third-largest economy.
A two-judge bench of the Supreme Court is expected to pronounce its order on the petition seeking cancellation of as many as 122 telecom licenses issued in January 2008 by former telecom minister A Raja. The order is expected by Friday.
A two judge bench of the Supreme Court is expected to shortly pronounce its order on the petition seeking cancellation of as many as 122 telecom licenses issued in January 2008 by former telecom minister A Raja.
Reliance Communications said it has disconnected from its network a mobile phone joint venture between Abu Dhabi-based Etisalat and India's DB Group over non-payment of fees for using its towers.