Verizon Wireless is scrambling to resolve technical problems on its highest-speed US wireless network, on which the top US cellular carrier is relying to drive future growth.
Nokia, the world's largest phone maker by volume, will lay off 4,000 people and outsource another 3,000 to Accenture as part of a plan to slash annual spending by €1 billion ($1.46bn).
Telecom Egypt's Chief Executive Tarek Tantawy will step down to pursue other career opportunities, the company said on Wednesday.
The UAE's Telecommunications Regulatory Authority has said that the digital switchover in the country will be done in 2013.
Shareholders in Telecom Egypt approved a 1.3 Egyptian pound ($0.22) cash dividend at a meeting on Tuesday, the firm said in a statement.
Number portability in the United Arab Emirates will be pushed back to the third quarter, the regulator said on Tuesday, to address technical issues.
Oracle Corp has replaced its chief financial officer less than three years after he joined the company, tapping its president Safra Catz to do the job.
du, the United Arab Emirates’ second-biggest phone company, more than doubled first-quarter profit as the number of mobile and fixed-line subscribers grew and mobile-data use expanded.
UAE's Etisalat, which scrapped a $12 billion takeover of Kuwait's Zain last month, said its group chief financial officer has resigned due to personal reasons.
National Mobile Telecommunications Co surged to the highest intraday level since 2008 after the Kuwaiti company controlled by Qatar Telecom said first-quarter profit soared.
