Intel Capital Invests In UAE Based Telecommunications Analyst Software Provider, NeuString

19 Nov, 2009

NeuString

Another Investemnt round made recently in the tech sector in Arabia as Intel Capital, Intel Corporation’s global investment subsidiary, announced yesterday an investment in NeuString, a UAE-based telecommunications analyst software company. With this investment Intel Capital total investment in Arab based companies this year, totals to six, from Jordan: Jeeran and ShooFeeTV and from UAE, Conservus International FZ-LLC, Pulse Technologies FZ-LLC, Vertex Animation Studio FZ-LLC.

The funding from Intel Capital will assist NeuString in pursuing regional growth and development plans in addition to extending the company’s product offerings. The amount of the investment was not disclosed.
NeuString is a billing software company dedicated to delivering predictive analytics solutions and consulting services to mobile network operators to help them achieve greater financial performance. With offices in the United Arab Emirates, Denmark, Russia, and Ukraine, NeuString has experienced teams who have been active in the telecommunications industry for more than two decades.

(via The National.)

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  1. انتل كابيتل Intel Capital تستثمر في شركة نيو سترنج الامراتية.  |  November 20th, 2009 at 2:27 PM #

    [...] قبل ايام اعلنت انتل كابتل عن قيامها بتمويل شكرة نيو سترنج الامراتية NeuString بمبلغ لم يتم الافصاح عنه، و بهذه الجولة التمويلية، يصبح عدد الشركات العربية التي استثمرت فيه انتل كابيتل ٦ شركات منذ بداية العام حسب تغطيتنا في عرب كرنش انجليزي. [...]

  2. improcom  |  December 3rd, 2009 at 4:58 AM #

    A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services.

    While some people use the terms Telecom Service Provider and Communications Service Provider interchangeably.

    TSPs provide access to telephone and related communications services. In the past, most TSP's were government owned and operated. in most countries, due to the nature of capital expenditure involved in it. But today there are many private players in most regions of the world, and even most of the government owned companies have been privatized.

    The Deregulation or Privatization of Telecom Service providers first happened in the United States with the break up of the Bell System.

  3. improcom  |  December 3rd, 2009 at 5:02 AM #

    A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services.

    While some people use the terms Telecom Service Provider and Communications Service Provider interchangeably.

    TSPs provide access to telephone and related communications services. In the past, most TSP's were government owned and operated. in most countries, due to the nature of capital expenditure involved in it. But today there are many private players in most regions of the world, and even most of the government owned companies have been privatized.

    The Deregulation or Privatization of Telecom Service providers first happened in the United States with the break up of the Bell System.

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