Etisalat

Etisalat wins third Iranian mobile licence

United Arab Emirates-based Etisalat said Tuesday that it has been awarded the third national mobile licence for Iran, under a partnership with local player Taameen Telecom. Etisalat, which owns 49 per cent of the consortium with Taameen, will pay Eur300m for the licence, allowing the UAE company to launch 2G and 3G services in Iran. […]

Etisalat’s Indian Swan song

United Arab Emirates operator Etisalat said Tuesday it has struck an agreement to buy 45 per cent of Indian mobile operator Swan Telecom for $900m in cash. Swan is a recently licensed GSM mobile operator in India, holding Universal Access Service (UASL) licenses in 13 telecom service areas, and is in the process of acquiring […]

Impressive returns for Etisalat

United Arab Emirates carrier Etisalat this week posted fourth quarter net profits of Dirhams1.76bn ($479.3m), up 19.7 per cent from a year earlier. It’s an impressive return for a carrier that is operating in the newly competitive, highly saturated markets of the UAE. The company posted profit attributable to shareholders of Dirhams7.297 bn in 2007 […]

Vodafone to enter Qatar

A Vodafone led consortium was awarded the second mobile telecoms licence in Qatar on Monday, beating rival bids from Verizon and Etisalat. ictQatar, the country’s telecoms regulator said the Vodafone and Qatar Foundation Consortium had been successful, submitting the highest bid in the second round auction. Other eligible consortiums submitting bids were the Verizon led […]

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