Reliance Jio could lose Dh7.7b this fiscal year

Mumbai: Reliance Jio Infocomm Ltd, India’s most profitable wireless carrier, could lose as much as Rs150 billion (Dh7.70 billion) this fiscal year when costs such as handset subsidies are included, according to analysts at Sanford C. Bernstein & Co. That would be a bigger deficit than those of its larger Indian rivals Bharti Airtel Ltd. […]

Etisalat named ‘Most Valuable Telecoms Brand’ in Mena region

Dubai. Etisalat on Tuesday received ‘The Most Valuable Telecoms Brand’ in Middle East and Africa (MEA) region by Brand Finance at Mobile World Congress as a recognition for the company’s increase in brand value to $8.3 billion (Dh30.46 billion) — higher than any other telecom brand in the MENA region and the only telecom brand […]