Etisalat planning a network boost
Selling assets that have failed to add much to the bottom line will narrow Etisalat's focus and aid attempts to reclaim some of domestic rival du's 46.5 percent market share in the UAE.
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Selling assets that have failed to add much to the bottom line will narrow Etisalat's focus and aid attempts to reclaim some of domestic rival du's 46.5 percent market share in the UAE.
September 20, 2012 5:09Mobile, the Saudi Kingdom's second largest telecom operator is set on financing for the time being
September 18, 2012 2:30Etisalat, the United Arab Emirates' biggest telecommunications company, raised about $510 million from the sale of a stake in Indonesia's PT XL Axiata.
September 13, 2012 1:11Etisalat, the United Arab Emirates' biggest telecommunications company, said on Wednesday it has decided not to bid for airwaves in an Indian state auction scheduled in November.
September 5, 2012 5:37As du launched its new high speed broadband connection yesterday with a price tag, Kipp see how the price tag compare around the globe.
August 16, 2012 2:00Is allowing foreign investors into Etisalat a good idea? Let's wait and find out what the UAE government has to say about it
August 2, 2012 3:15The UAE based telecom service provider may be buying a stake in Saudi's mobily
July 26, 2012 9:40When Gulf telecommunications giant Etisalat replaced its veteran chairman last week, he became the latest casualty of a multi-billion dollar foreign expansion which has failed to translate into profits and may prompt the firm to sell overseas assets to offset a decline in income.
July 12, 2012 1:00Eissa al-Suwaidi named chairman, replacing Mohammad Omran; Abu Dhabi ruler also appoints six new directors; Omran was Etisalat's chairman since 2005
July 3, 2012 5:22All mobile phone users in the UAE are asked to re-register and verify their identity with their service providers, to avoid cancellation of their Sim cards.
July 1, 2012 1:50Etisalat reported a flat first-quarter net profit on Monday, beating analysts' estimates as the telecom operator's rising international revenue offset declines at home.
April 23, 2012 3:27Q1 profit 1.21 bln riyals vs 998 mln riyals a year earlier; 21 percent profit surge attributed to improved voice revenue Saudi Arabia's Etihad Etisalat (Mobily) on Monday reported a 21 percent rise in first-quarter net profit, just short of analysts' estimates, citing improved revenue from voice services and business customers
April 17, 2012 9:08Being the first to launch 3G service in Afghanistan and eyeing mobile remittances, Etisalat is having a happening first quarter.
March 19, 2012 4:11"Remittances are a huge business opportunity," George Held, director of products and services at Etisalat, told Reuters. "The cost base for telecoms operators is much different than for banks and exchange houses. We do not need bricks and mortar branches, so our costs are lower and we can pass on this saving and offer better exchange rates and transaction fees."
March 18, 2012 3:09Dubai Holding, the conglomerate owned by the ruler of Dubai, is considering a sale of its remaining 26-percent stake in local mobile phone retailer Axiom Telecom, three sources familiar with the matter said.
March 13, 2012 2:18