AME Info News - Telecoms and ITTelecoms and IT latest news and featuresEtisalat eyes to deploy IPTV- July 5, 2008 Etisalat is planning to offer new services to its customers, in a tie up with France Telecom. Etisalat is looking to deploy in the UAE, the home networking solutions and multiple-play services (home gateway) and 'Orange TV' (IPTV offer via set-up-box) rolled out by France Telecom in Europe, in its aim to offer FTTH (Fibre To The Home) in the UAE. AMEInfo.comhttp://www.ameinfo.com/162487.html Zain gets nod for $4.53bn capital hike- July 3, 2008 Kuwait-based telecom company Zain has announced that it has won government approval for a $4.53bn capital hike to finance foreign expansion, reported the Bahrain Tribune. Zain shareholders approved a 75% capital increase in March, to sell 1.42 billion shares at 850 fils each for a total of 1.2 billion dinars, to fund its expansion plans. AMEInfo.comhttp://www.ameinfo.com/162429.html UAE telecom market to rise 63%- July 3, 2008 The UAE telecom market is projected to grow 63% to Dhs35.27bn ($9.6bn) in four years boosted by a rising mobile phone penetration rate that will hit a regional high of 188%, according to a report by market analyst Al Mal Capital. UAE's population growth, projected at a five- year compounded annual growth rate (CAGR) of 4.8%, will be the key driver for the sector, resulting in a combined CAGR of 8.6%, reported Khaleej Times. AMEInfo.comhttp://www.ameinfo.com/162402.html Cellucom plans 500 stores in India- July 3, 2008 Dubai-based mobile handset retailer Cellucom is investing Dhs500m ($136m) to launch 500 stores across India by the end of 2009, reported Gulf News. Cellucom currently has 90 stores across the GCC. It already has 200 stores across India. AMEInfo.comhttp://www.ameinfo.com/162367.html Wataniya to list shares in Doha- July 2, 2008 Kuwait's National Mobile Telecommunications Co (Wataniya) will list its shares on the Doha stock exchange soon, reported Al-Qabas. Parent firm Qatar Telecommunications Co (Qtel) had decided to list Kuwait's second-largest cell operator in Qatar, after winning the approval from the Qatari government last week. AMEInfo.comhttp://www.ameinfo.com/162309.html |