TMT Innovation Award shortlists for Middle East North Africa announced

April 14, 2014 10:56 am

Seven companies have been selected for the shortlist for the TMT Innovation Award 2014 for TMT Finance MENA 2014 Awards, recognising outstanding telecom, media and technology (TMT) companies, financial institutions and advisers.

Regional telecom operators Etisalat of UAE, Ooredoo of Qatar and Zain of Kuwait were selected for products and services in super-fast broadband, content and mobile applications, and 4G LTE roll out respectively. Datacentres business Datamena Dubai, Fanoos Telecom Iraq (WiMAX/LTE) and Cloud Infrastructure as a Service (IaaS) provider Orixcom also made the shortlist.

The TMT Finance MENA Awards, now in its fifth year, are nominated by readers of TMT Finance, the global telecom finance and investment news provider, and then assessed by a panel of Judges representing leaders from industry finance and advisory.

Winners are presented at the annual TMT Finance Awards Gala Dinner at Mina A’Salam, Madinat Jumeirah in Dubai on May 7 following the 8th annual TMT Finance & Investment MENA Conference. The events gather key leadership from telecom operators, media and technology companies, financial institutions, investors and advisers to assess opportunities for partnership, innovation, financing and growth.

The TMT Innovation Award is especially coveted this year as telecom and media companies look to readjust business models and target new profit lines.

TMT Innovation Award MENA 2014 Shortlist

• Datamena Dubai (first state of the art carrier neutral DC in the region)
• Etisalat Group – (FTTH; 5G network; ultra-fast 40Gbps GPON Technology w/ Huawei)
• Fanoos Telecom Iraq (conversion of commercial WiMAX WLL network into LTE)
• Nedjma Ooredoo Algeria: (initiatives in mHealth/mPay)
• Ooredoo (investments in content and adjacent businesses)
• Orixcom – (the launch of Virtual PoP)
• Zain Kuwait – (national 4G LTE rollout)

There are eight categories for the TMT Finance MENA Awards, with Deal of the Year, Operator, CEO, M&A Adviser, TMT Law Firm, Financing Bank and Growth Story also recognised.

The shortlist for TMT Deal of the Year was announced earlier in April, with the shortlists for other categories to be announced later this week.

This year’s independent judging panel includes senior industry leaders from: PwC, Coleago Consulting, Xona Partners, Barclays Capital, Hardiman Telecommunications, Accenture, Strategy&, Emergent Telecom Ventures, Clifford Chance, Citi and AT Kearney.