Omantel enters $400 million agreement to boost telecom efficiency
Oman Telecommunications (Omantel) and Middle East and North Africa of Egypt have entered into an agreement to land a submarine fiber optics cable on the Omani coast to enhance telecommunications traffic between the Sultanate of Oman and the rest of the world.
At a total cost of $400 million, Dr. Mohammed Bin Ali Al-Wohaibi, CEO of Omantel, pointed out that the MENA Cable Pr..... Read More Source:
itp.net Post Date:
07-23-2008 07:15:16
‘SA telecoms costs extremely high’
The Organisation for Economic Co-operation and Development (OECD) recently released its African Economic Outlook report, and it is not particularly complimentary towards the South African telecoms market or Telkom.
“Liberalisation of telecommunications in particular has been long delayed. Telkom, in which government holds a 39 percent direct stake and a further 17 percent through..... Read More Source:
MyBroadband Post Date:
07-23-2008 07:13:55
Uganda’s Islamic bank to start operations soon
The National Islamic Bank of Uganda, formed recently following a merger between International Investment House (IIH) of Abu Dhabi and the local National Bank of Commerce (NBC), expects to begin operations in five months’ time.
Read More Source:
NATION MEDIA.com Post Date:
07-23-2008 07:11:54
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