Zain stake deal still on: Etisalat

EtisalatOn Sunday UAE telecommunications major Etisalat held that it is interested to buy a 46 per cent stake in Kuwait's telecommunication company Zain from a association which is headed by a major Zain shareholder.

An Etisalat spokesperson declared that the 46 per cent uncertain deal is still on as this has been agreed upon in the primary proposal.

Weekend to have unstable internet connection in the UAE

EtisalatEtisalat said in a statement that due to the damage to an important submarine cable in the Mediterranean Sea, the Internet traffic in the UAE is likely to be interrupted this weekend.

The owner of the cable has undertaken the repairs, the Sea-ME-We 4, other partners and concerned operators.

They are re-routing the traffic, so that there can be restoration of the cable as soon as possible.

UAE mobile service cost lowest in the region

Etisalat-du-logosAs per a new research, the competitive pricing plans that telecom majors Etisalat and du have started to offer, has led to lowering of mobile service charges, including call tariffs, in the UAE in the GCC and among the 22 Arab countries.

It was after the Telecommunications Regulatory Authority (TRA) announced plans to deregulate the industry, that the competitive prices were introduced.

Twenty four pct of Afghan mobile market claimed by UAE's Etisalat

EtisalatWednesday, Emirates Telecommunications Company forwarded a three fold growth in revenues in 2009 in Afghanistan, one the most difficult markets. The company also claimed 24 percent share of the mobile telephone market.

A sum of $300 million has been invested by Etisalat, which entered Afghanistan in 2007 and gives bread and butter to nearly 10,000 Afghans.

E-Vision to expand its operations out of UAE

E-Vision to expand its operations out of UAEE-Vision, the cable TV arm of UAE based telecom firm Etisalat, has been working out plans for increasing its offering of high definition (HD) channels in the ongoing year. It will expedite its efforts to tap opportunities which are present in the existing market of the telecom player.

Majority stake in Korek Telecom to be bought by Etisalat

Korek-Telecom-Etisalat-LogoAs per media reports, a majority stake in Kurdish operator Korek Telecom might be bought by UAE-based telecom major Emirates Telecommunications Corporation (Etisalat) with the aim of expanding opportunities abroad.