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Cost of telecommunications services increase during Q3 of 2016

The Ministry of Communications and Information Technology’s report disclosed that prices of telecommunication services increased slightly in the third quarter (Q3) of 2016 compared to the second quarter (Q2) of the same year, rising from $5.63 in Q2 to $5.64 in Q3. Mobile service prices also increased from $2.3 in Q2 to $2.4 in Q3, …

Mohamed Alaa El-Din

Mobile firm Viva Kuwait full-year profit jumps six-fold

Reuters – Viva Kuwait reported a more than six-fold rise in annual profit on Monday as the mobile telecommunications operator increased its customer base by a third. The Saudi Telecom Co (STC) affiliate made a net profit of KWD 24.25m ($86m) in 2013, up from KWD 3.87m a year earlier, according to its website. Viva, which competes with Zain and …

Daily News Egypt