Apr 12, 2012 (AME Info - McClatchy-Tribune Information Services via COMTEX) --
RIM EYES MIDDLE EAST PUSH WITH DUBAI OUTLET, SEEKS TO OFFSET US DECLINE: Blackberry maker, Research In Motion is preparing to open stores across the Middle East, in a bid to offset plunging US sales, Bloomberg has reported. The company is in the final stages of negotiating a lease on a flagship store of up to 1,500 sq ft in Dubai, said Sandeep Saihgal, managing director of RIM's Middle East business. Stores with local partner Axiom Telecom are planned across the region, he said. "We're getting the first one up and running and then we'll be looking at other cities across the Middle East -- Saudi Arabia, Kuwait, Qatar," Saihgal said.
OMAN TELECOMS REVENUE GROWS 9 percent: Oman's two integrated telecoms service providers, Omantel and Nawras, have continued to show growth in terms of both revenue and subscriber base for the financial year 2011, mainly driven by the broadband and data segment, Oman Daily Observer has reported . Omantel's revenues witnessed a growth of 9 percent year-on-year to OR453m at the end of 2011. Nawras reported a 4 percent annual growth in revenue to OR197mm supported by attractive promotions and innovative offers through its distribution network. According to data by the country's Telecoms Regulatory Authority, a total of 71 promotional offers were approved during the year 2011, of which 28 were of Nawras and 19 were Omantel's.
EGYPT'S NEW MOBILE RULES TO ONLY AFFECT NEW ENTRANTS: Egypt's communications ministry has said proposed amendments to a law requiring mobile telecoms operators to give a percentage of their shares to Egyptians would apply only to new licence operators, Reuters has reported. The proposed amendments aim to ensure 20 percent of the shares in a local telecoms business were owned by Egyptians. "The proposed amendments to the telecommunications regulatory law in parliament are limited to new licenses and won't be applied to existing operators," said a ministry official, speaking on condition of anonymity. "They will be applied to the fourth operator in case it exists."
MOBILE PHONE SUBSCRIPTIONS JUMPED 27 percent IN EGYPT: According to official figures by the Egyptian government, the number of mobile phone subscriptions in the country jumped 27 percent to 91.32 million users in the year to January, compared with 83.43 million in December 2011, Reuters has reported. In January 2011, Egypt's three mobile operators, Etisalat Egypt, MobiNil and the Egyptian unit of Vodafone, had 71.5 million subscriptions.
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