Sahm future in doubt as speculation grows

Uncertainty continues to surround the future of Sahm Technologies, the IT arm of Emaar Group, since it lost its telecom business to DIC earlier this year. The business was transferred following claims that Sahm had been providing an unauthorised service.

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By  Peter Branton Published  June 26, 2005

Uncertainty continues to surround the future of Sahm Technologies, the IT arm of Emaar Group, since it lost its telecom business to DIC earlier this year. The business was transferred following claims that Sahm had been providing an unauthorised service. Although Sahm has refused to comment on the speculation, staff at Sahm last week said they did not know what was going to happen to the business, and were concerned for their jobs as rumours about the company’s future continue to spread through the industry. “We don’t know what is going on, we’ve just been told to carry on as normal until we hear differently,” one executive said. When IT Weekly attempted to contact Arvind Bhatnagar, chief executive of Sahm, a spokesperson for the company said Emaar chairman Mohammed Alabbar had ordered staff not to speak to the media. After further attempts to contact Sahm and Emaar a formal statement was issued by Sahm: “Sahm as a company continues to operate as a 100% owned subsidiary of Emaar Group and is engaged in providing corporate IT services. Sahm has an experienced and dedicated team of employees and the company is fully committed to their growth within the organisation. As a policy, neither Emaar or Sahm comment on speculation and rumours.” Sahm’s telecom business was officially transferred to DIC Telecom at the beginning of June (see IT Weekly 4- 10 June 2005), although DIC is now believed to have actually taken control in April. Sahm’s other business units are involved with IT services and home automation for Emaar properties. “Sahm’s telecom business has been transferred to Dubai Internet City (DIC) as per the press statement issued on June 1, 2005. The staff involved in the telecom business has also been transferred to DIC,” the statement claimed.

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