Recording of 3rd quarter revenues

Telecom Ltd. 3rd quarter revenues

Dear Employees,

We are happy to let you know that the financial results of Telecom Ltd. for the 3rd quarter revenues increased to $7.076 million compared to $6.520 million for the corresponding quarter last year with an increase of 4%. Operating Income for the quarter reached $1.669 million compared to $1.353 million for the corresponding quarter last year with an increase of 13%. Earnings before interest and tax (EBIT) for the quarter reached $2.814 million, an increase of 8% compared to same period last year. The increase in revenues is attributed to the operational efficiencies of the central network department, sales and marketing and our affiliate companies.

The net income during the quarter amounted to $1.573 million compared to $1.772 million for the corresponding quarter last year.  In spite of the double digit increase in operating income for the quarter compared with the corresponding quarter last year, the net income decrease is attributed to the two-month salary payment to all employees amounted to $800,000. This payment was made to reward you all for your loyalty and your hard work in helping improve the company’s revenue this year and lifting it up after last year’s recession.

Telecom Ltd. CEO

My son wants a Barbie

At Toys R Us, my 6-year old son insists on buying a Barbie. I scream “A Barbie!” “Batman’s much cooler.” “No! I want Barbie.” Accepting the situation, we go home. To my surprise, Barbie gets tied to the train track and he says, “ Finally, superman has someone to rescue.”

Your company takes the lead at the Dubai METIF.

Dear Employees,

Because of you all, Telecom Ltd. was a big hit at (METIF) that was held in Dubai on June 2-3, 2011.

As part of your company’s strategy to support the telecommunications industry across the region, Telecom Ltd. sponsored the Middle East Telecommunication and Internet Forum (METIF). The two-day event drew Telecom Ministers and leading telecommunications personalities from across the region as well as business leaders and specialists from the industry.

At the Forum, Telecom Ltd. participated with a stand showcasing its international investments. The stand’s visitors included Telecommunications’ Ministers, including our minister Mohammad Ahmed, who highly praised our company’s efforts in the region. The stand was also visited by ambassadors and businessmen from different countries.

Telecom Ltd,’s sponsorship of the Forum is due to the importance of information technology in the Middle East. Telecom Ltd. has played a pioneering role in the field of information technology and has given it great importance as part of its telecommunications agenda and excelled by introducing the latest in technology to customers worldwide, a step that earned us market leadership among all telecom providers in the region.

We would like to take this opportunity to thank everyone who has participated in the success of this event, you have done an excellent job in representing your company and you should all be proud of your work.

White Paper: Telecom Ltd. & Young Tweeters

Telecom Ltd. has been familiar with Social media networks for some time now. We have become very comfortable with this new technology and have been using it as an advertising tool for quit some time now.


Though we have found some success with the traditional method of online advertising on social media web pages, we have noticed that we weren't able to reach a specific demographic as we intended.


That is why Telecom will be facilitating Twitter in a new way. Please visit Telecom Ltd. & Young Tweeters to learn more.