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INFRASTRUCTURAL DEVELOPMENT - TELECOMMUNICATIONS

ETISALAT opens service centre in Khalifa Energy Complex

Posted on 10/04/2006

Emirates Telecommunications Corporation (ETISALAT) has opened a dedicated customer service centre in the Sheikh Khalifa Energy Complex in Abu Dhabi, which will be managed by ETISALAT's Abu Dhabi region. The Energy Complex has more than 3500 executives of ADNOC and other group companies working there daily, and they will now be able to subscribe and unsubscribe from services, pay their telephone, mobile and Internet bills, and conduct a range of transactions with ETISALAT at the dedicated ...  >>MORE

ETISALAT to take over PTCL control on April 12

Posted on 09/04/2006

ETISALAT International Pakistan (EIP), a subsidiary of Dubai-based telecom giant ETISALAT, will take over management control of Pakistan Telecommunication Company Limited (PTCL) this week, Khaleej Times learnt yesterday. A meeting of PTCL's board has been set for April 12 "in order to hand over the management control" to Emirates Telecommunications Corporation (ETISALAT), the Islamabad-based company yesterday said in a statement to the Karachi Stock Exchange. "PTCL's board is due to meet ...  >>MORE

du opens link to global telecom service

Posted on 04/04/2006

du, the UAE's second national telecommunications operator, yesterday opened its link to a telecommunications and Internet system that spans the globe. The system will provide du customers with the capability to make international calls and connect to a high speed Internet service without the need to access ETISALAT infrastructure. The link is being provided by FLAG Telecom's FALCON submarine cable system which stretches from Suez to Mumbai and links to the global FLAG (Fibre Link Around ...  >>MORE

du allotment letters and refunds on April 3

Posted on 02/04/2006

Allotment of shares in Emirates Integrated Telecommunications Company (du)'s Dh2.4 billion public offering has been finalised, announced leading investment bank EFG-Hermes. EFG-Hermes, the Global Coordinator and Financial Advisor of the deal, Emirates Bank the Lead Manager and First Gulf Bank the Co-Lead Manager have directed the receiving banks to send share allotment notices, refund checks, and transfers to investors on Monday, the 3rd of April, according to a press release. The Company's ...  >>MORE

ETISALAT receives approval to increase capital

Posted on 28/03/2006

ETISALAT, the UAE telecom major, yesterday secured approval from shareholders to increase its paid-up capital to Dh4.53 billion through bonus shares and double authorised capital to Dh8 billion, depending on the need. "ETISALAT is governed by a special law that has two elements. One, to increase its paid-up capital and another to increase its authorised capital. The authorised capital will be raised at a future date depending on our needs," Mohammad Hassan Omran, chairman and chief ...  >>MORE

Du IPO oversubscribed 167 times

Posted on 21/03/2006

The public share sale by Emirates Integrated Telecommunications Company (EITC), or du, has been oversubscribed by 167 times with total applications worth Dh400 billion. According to the investment banker EFG-Hermes, this is the largest amount collected in the history of IPOs in the UAE. Last Tuesday Tamweel had clocked in Dh275bn for its offer of Dh550m, taking the total funds currently locked in IPO offering in the UAE to Dh675bn. More than 225,000 investors applied for EITC's shares ...  >>MORE

TRA-UAE and TRA-Bahrain sign cooperation MoU

Posted on 20/03/2006

The UAE Telecommunications Regulatory Authority (TRA-UAE) signed a Memorandum of Understanding (MoU) with the Telecommunications Regulatory Authority of Bahrain (TRA-Bahrain) recently formalizing cooperation between the two independent regulatory organizations. The MoU was signed between Mohamed Nasser Al Ghanim, Director General and Board Member of TRA-UAE and A. Andreas Avgousti, General Director of TRA-Bahrain, in Abu Dhabi, UAE, during the third Arab Regulators meetings in Abu Dhabi, ...  >>MORE

ETISALAT completes 26% purchase of PTCL

Posted on 13/03/2006

Emirates Telecommunications Corporation- ETISALAT has announced the completion of discussions to transfer 26 per cent stake in Pakistan Telecommunication Company Limited (PTCL). All pending issues have been agreed upon, including the conditions for payment of the bid amount of US$2.6b. This will be paid through ETISALAT International Pakistan (EIP) - in which ETISALAT owns 90% and Dubai Islamic Bank, 10%. The final deal was signed today at the Pakistani Parliament and was attended by Prime ...  >>MORE

ETISALAT submits bid for 35% stake in Tunisie Telecom

Posted on 11/03/2006

The UAE's telecom giant ETISALAT has formally submitted its bid for a 35 per cent stake in Tunisia's Tunisie Telecom, the corporation's chief said yesterday. While the technical bids were due to be opened late last night, analysts were cautiously optimistic about ETISALAT winning the deal and believe the Tunisian market definitely offers growth potential. "ETISALAT submitted its bid on Tuesday and the technical bids are due for opening late Wednesday," Mohammad Hassan Omran, Chairman & Chief ...  >>MORE

TRA Represents UAE Telecommunication Interests at World Telecommunication

Posted on 11/03/2006

The UAE Telecommunications Regulatory Authority (TRA) is representing the United Arab Emirates at the World Telecommunication Development Conference (WTDC) being held in Doha, Qatar from 7 to 15 March 2006. The TRA representation of the UAE telecom sector is the first of its kind, and falls under the natural role which TRA is expected to play in regional and international telecommunication events. The conference is playing host to over1000 top-ranking delegates from government, the ...  >>MORE

Nokia wins Dh700m du deal

Posted on 08/03/2006

Nokia, the Finnish telecom giant, has won a US$190 million (Dh700 million) managed services contract from du, the second telecom operator in the UAE. According to the agreement, Nokia will build the complete GSM/GPRS and 3G core network for du as well as the majority of the radio network with turn-key responsibility. du CEO Osman Sultan said the company's strategy was focused on investing in an advanced fixed and mobile network based on the latest 2.5G and 3G mobile technologies, and a next ...  >>MORE

ETISALAT launches CLIP for call waiting on fixed lines

Posted on 05/03/2006

Emirates Telecommunications Corporation- ETISALAT- has announced the extension of the CLIP (Calling Line Identification Presentation) service to include call waiting on the fixed line network. Fixed line subscribers will now be able to know the number from which a second call comes in when they are already on a call. Currently, when a subscriber has an activate Call Waiting service on the fixed line telephone, a tone is sounded when there is a second incoming call when the phone is already ...  >>MORE

ETISALAT scoops Middle Award Customer Care Excellence award

Posted on 01/03/2006

The Middle East Excellence Awards Institute has announced that Emirates Telecommunications Corporation- ETISALAT- has won the Middle Award Customer Care Excellence Award 2006 for its dedication and focus on customer service. ETISALAT was awarded at a gala ceremony held at the Beach Rotana Hotel, Abu Dhabi, which had the Hon. Winston S. Churchill, as Chief Guest and Keynote speaker. Government officials, business leaders, diplomats and media representatives were also in attendance. Nasser Bin ...  >>MORE

ETISALAT Board announces 25 per cent dividend to shareholders and 25 per cent increase in gross profit

Posted on 27/02/2006

The Board of Directors of Emirates Telecommunications Corporation- ETISALAT - has convened to approve the 2005 financial year results, and present its resolutions and recommendations. The meeting was held in the ETISALAT Headquarters in Abu Dhabi under the Chairmanship of Mohammad Hassan Omran, Chairman and CEO, ETISALAT. The Board thanked HH Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE, and all other leaders of the nation for their guidance and support to ETISALAT, which has ...  >>MORE

ETISALAT introduces SMS anti-spam service

Posted on 26/02/2006

Emirates Telecommunications Corporation- ETISALAT - has announced the launch of an anti-spam service for SMS on mobile phones. Any customer who wishes to have their number removed from the mailing list of a content provider will now need to only send an SMS to 1011 mentioning the content provider's name or short code, and the customer will be immediately taken off the list. Ahmed Bin Ali, Manager Corporate Communications, ETISALAT, said: "We are happy to make this option available to all our ...  >>MORE

ETISALAT, Pakistan Telecom Reach Agreement

Posted on 24/02/2006

Islamabad - Emirates Telecommunications Corporation, ETISALAT, will take over the management of Pakistan Telecommunication Company Limited (PTCL) in two weeks. After two days of negotiations, the Government of Pakistan and ETISALAT finally agreed on the mechanism and procedures for transferring the management of (PTCL) to ETISALAT, Pakistani media said yesterday, quoting official sources. According to the sources, the agreement reflected the commitment of both sides to the new partnership, ...  >>MORE

ETISALAT wins the GCC Economic Award 2006

Posted on 24/02/2006

The Middle East Excellence Awards Institute, a subsidiary of Datamatix, has announced Emirates Telecommunications Corporation - ETISALAT - a winner of the GCC Economic Award 2006. The award is set to honour leaders and organizations that contributed to the development of the GCC economy and industry. The award was announced during a ceremony that took place at the Burj Al Arab hotel in Dubai. Gerhard Shroeder, Former German Chancellor, was the keynote speaker. The event was attended by an ...  >>MORE

ETISALAT introduces 'Ahlan' mobile package for visitors

Posted on 22/02/2006

Emirates Telecommunications Corporation- ETISALAT- has introduced a new mobile package aimed at tourists and short-term visitors to the UAE. The 'Ahlan' visitor mobile package, priced at AED 90 (around US$25), gives the UAE visitors the convenience of instant mobile communication for a period of 90 days staring from the date of subscription, after which it cannot be renewed. 'Ahlan' comes pre-loaded with free talk time for 90 minutes of national calls and 9 SMS messages, along with ...  >>MORE

Emirates Link Tech and Al Babteen Liblank sign memorandum of association

Posted on 22/02/2006

In the presence of Joaan Awaid Al Khaili and Fahad Mohamed Al Babteen Emirates Link Tech and Al Babteen Liblank (Saudi-Australian Company) signed yesterday a memorandum of association of Al Babteen Liblank Emirates Telecommunications System Company with a capital of Dh 30,000,000 under which a company shall be established, which is expected to occupy a high prestigious position in the field of telecommunications on Gulf and Middle East levels. The new company is an extension for Liblank ...  >>MORE

EITC unveils logo and strategy to win 30% of telecom market

Posted on 21/02/2006

The UAE's second telecommunications company, Emirates Integrated Telecommunications Company (EITC), or 'du' as the service operator is to become known, has set itself the target of acquiring 30 per cent of the UAE market within three years. Sultan Osman, the CEO of EITC, said it will achieve this by offering better technology, customer care and by marketing. Price competition will be used. "We will have a range of prices for a range of packages. However pricing needs to be based on a sound ...  >>MORE

Telecom regulator signs second operator’s license in UAE

Posted on 13/02/2006

The UAE Supreme Committee for the Supervision of the Telecommunications Sector (SCSTS) signed yesterday a full-services telecom license with Emirates Integrated Telecommunication Company PJSC (EITC). The License grants the right to EITC to install, operate, and manage a public telecom network providing services across the United Arab Emirates. The license grant was signed by Sultan bin Saeed Al-Mansoori, Minister of Governmental Sector Development and Chairman of the SCSTS. The Public ...  >>MORE

Telecom liberalisation imminent

Posted on 12/02/2006

Emirates Telecommunications Corporation - ETISALAT - and the country's second operator, Emirates Integrated Telecommunications Company (EITC) are set to sign contracts this month with the Telecommunications Regulatory Authority (TRA), heralding a new dawn in the UAE's telcos sector. "The market is opening up," Mohammed Omran, chief executive officer (CEO) of Etisalat said in an interview with MEED magazine. "It is not new in the world and frankly it's a normal process. We have started ...  >>MORE

ETISALAT launches Push-To-Talk

Posted on 07/02/2006

Emirates Telecommunications Corporation- ETISALAT- has announced the completion of the trial phase and the full commercial launch of Push To Talk (PTT) in the UAE. The service has been available on a test basis since GITEX 2005, and since then more than 87,000 mobile users have signed up for the service. PTT is now available to any ETISALAT mobile subscriber with a suitably-equipped Nokia mobile phone, according to a press release. This service is of particular benefit to companies with ...  >>MORE

Emirates Integrated Telecommunication Company to pay Dh124.5m one-time licence fee

Posted on 06/02/2006

The Supreme Committee for the Supervision of the Telecommunications Sector in the UAE will next week sign a licensing agreement with the second telecom operator for a one-time licence fee of Dhs124.5 million, said an official of Telecommunications Regulatory Authority (TRA). Emirates Integrated Telecommunication Company (EITC), a public joint stock company under formation, will be the second telecommunications operator in the UAE. ETISALAT will also be the signatory to the licensing ...  >>MORE

ETISALAT earns net profit of Dh4.3b

Posted on 03/02/2006

ETISALAT yesterday announced it earned a net profit of Dh4.3 billion in 2005 on revenues totalling Dh12.9 billion. The 25 per cent growth in profits and 23 per cent jump in revenues is pushing the corporation to become one of the top 10 telecom operators globally by rapidly expanding overseas, the corporation's chief said. Analysts hailed ETISALAT's performance but warned that pricing and quality of service would be the challenges especially because a second operator would come in shortly. ...  >>MORE

ETISALAT: Talks with second operator still on

Posted on 31/01/2006

Emirates Telecommunications Corporation (ETISALAT) has said that its negotiations with the country's second telecom operator were still in progress according to plan. A statement by ETISALAT said the negotiations were briefly halted due to the death of Sheikh Maktoum bin Rashid Al Maktoum and a series of public holidays. The talks between the two parties are expected to drag on for several months to address complex technical details, according to the statement. ETISALAT reiterated its ...  >>MORE

ETISALAT eyes Denmark's TDC to enter Europe

Posted on 28/01/2006

Looking to get a foot-hold in the tight European telecom market, ETISALAT is eyeing Denmark's biggest phone company, TDC A/S. The company is "evaluating" purchasing TDC as part of a plan to join the ranks of the world's top 10 telephone companies, ETISALAT Chief Executive Officer Mohammad Hasan Omran said at the World Economic Forum in Davos, Switzerland. "Our aim over the next five years is to be among the top 10 telecoms companies by market value and to do so we have to be in Europe," ...  >>MORE

ETISALAT to make foray into Afghanistan market

Posted on 22/01/2006

ETISALAT, the UAE's sole telecom operator, is to enter the Afghan telecom market soon, said a top government official. Sultan Bin Saeed Al Mansouri, UAE Minister of Communications, told Gulf News yesterday that ETISALAT is in final talks with Afghan authorities to obtain the license to operate Afghanis-tan's third GSM mobile phone network. "ETISALAT officials completed two rounds of negotiations with the Afghan government. The results are positive and we expect that the coming months will see ...  >>MORE

ETISALAT, Iraq Telecom and STC join for FOG2 submarine cable

Posted on 17/01/2006

Emirates Telecommunications Corporation (ETISALAT), Iraqi Telecommunications & Post Company (ITPC) and Saudi Telecom Company (STC) have commenced the groundwork to lay a submarine cable connecting the UAE, Saudi Arabia and Iraq by signing the Construction and Maintenance Agreement (C&MA). This follows a Memorandum of Understanding (MoU) that was signed between the three telecom operators in June 2005. FOG2 is the second generation of the Fibre-Optic Gulf (FOG) cables and upon this terabit ...  >>MORE

UAE announces its new telecom policy

Posted on 04/01/2006

The UAE on Monday unveiled its telecom policy which will encourage establishment and growth of Information and Communications Technology (ICT)-based enterprises. The General Policy for the Telecommunication Sector (GTP) of the UAE, released on Monday by the UAE Supreme Committee for the Supervision of the Telecom Sector, aims to develop the UAE as a regional ICT hub. The UAE will have a second operator entering its market by middle of 2006. The country currently boasts 95 per cent GSM ...  >>MORE

ETISALAT presses ahead

Posted on 31/12/2005

Emirates Telecommunications Corporation - ETISALAT - has helped United Arab Emirates become the Arab world's most wired country with 1.25 million Internet users, representing about 50 percent of the total population. ETISALAT has 4.5 million GSM users, or about 100 percent of population and 1.2 million fixed lines, nearly 29 percent of the total population. During GITEX 2005, ETISALAT launched a host of new services including the 'Push to talk' (PTT) GSM technology, the 3G data cards for ...  >>MORE

ETISALAT is sixth largest Middle East company: The Middle East magazine

Posted on 26/12/2005

Emirates Telecommunications Corporation (ETISALAT) has been positioned as the sixth largest company in the Middle East region by market capitalization and revenue by the London-based independent magazine- The Middle East. Mohammad Hassan Omran, Chairman and CEO, ETISALAT, praised the results achieved by UAE companies in general and ETISALAT in particular. "Twenty-two companies from the UAE feature in the Top 100 Middle East companies listing, and this is a good indicator of the direction ...  >>MORE

GoP, ETISALAT reach agreement on successful completion of PTCL privatisation

Posted on 21/12/2005

Government of Pakistan (GoP) and ETISALAT reached an agreement yesterday towards successful completion of the privatization process of the PTCL with respect to ETISALAT's acquisition of 26% shares in PTCL along with management control. ETISALAT appreciated the transparency of the process and the professional approach of the GoP. The GoP appreciated the firm interest and commitment of ETISALAT to the privatization process of PTCL and Pakistan. In this round of talks held in Abu Dhabi, the ...  >>MORE

ETISALAT's bid for Telsim was not the highest: Omran

Posted on 14/12/2005

Emirates Telecommunication Corporation - ETISALAT - has confirmed that their bid submitted for ownership of the Turkish mobile phone firm Telsim has not been the highest. Mohammad Hassan Omran, Chairman and CEO, ETISALAT, said: "Our bid was based on a thorough study to gauge the true value of Telsim. "Our prime motivation for our international expansion programme is to build value for our shareholders, as is amply demonstrated in our investments in Saudi Arabia, Sudan and our significant ...  >>MORE

Emirates Integrated Telecommunications comes into being with Dhs4-billion capital

Posted on 10/12/2005

The UAE Telecommunication Regulatory Authority has said that the new telecommunications company would be called the Emirates Integrated Telecommunications. It would be public joint-stock company with a capital of Dh4 billion, of which the federal government will own 50 per cent and Mubadala Development and Emirates Telecommunications and Technology Ltd the remaining 50 per cent. The authority disclosed that an agreement has been reached to reduce the shares of the founders and offer 20 per ...  >>MORE

TECOM Investment acquires stake in Axiom Telecom

Posted on 10/12/2005

TECOM Investments, a member of Dubai Holding, today announced that it has acquired a stake in Axiom Telecom, the largest distributor and retailer of wireless products in the Middle East. TECOM has acquired a 40% share of the telecoms retailer, however Axiom Telecom will continue with its current management and operate independently, TECOM officials said. The investment has been made as part of TECOM's strategic objective to tap into high-growth sectors and to create synergies for future ...  >>MORE

ETISALAT launches Dh20 blue card

Posted on 05/12/2005

ETISALAT has introduced a new Dh20 blue prepaid calling card for all ETISALAT prepaid services except Wasel recharge. This card will give customers access to a range of services, including prepaid international calls from payphones, prepaid internet, I-Zone, for E-Vision pay-per-view movies, recharge or renewal of 'Maysour' service and making prepaid calls from any phone including ordinary telephones. The Dh20 card will be specifically for use for ETISALAT prepaid services other than 'Wasel', ...  >>MORE

ETISALAT net rises to Dh3.2b

Posted on 19/10/2005

The Emirates Telecommunications Corporation, ETISALAT posted net profits of Dh3.231 billion for the first nine months of the current year, up by 23.1 per cent compared to the profits posted for the corresponding period last year. Revenues rose by 22.3 per cent to Dh9.36 billion while assets rose by 17 per cent to Dh15.609 billion. The earnings per share rose from Dh0.72 to Dhs0.89 while the operating profits rose by 19 per cent. Meanwhile, fixed telephone lines, mobile telephones and ...  >>MORE

ETISALAT picked for Tunisie Telecom bid

Posted on 09/10/2005

UAE's telecom giant ETISALAT has been short-listed as a potential bidder for a 35 per cent stake in Tunisie Telecom while a second contender from the UAE failed to enter the crucial round. Yesterday, Tunisia announced the names of the 13 selected companies from the Middle East region and Europe for the next round of the auction that was expected to raise as much as US$1.7 billion from the partial privatisation of the country's largest telecoms carrier, Tunisie Telecom. The participation by ...  >>MORE

ETISALAT offers off-peak rates during Ramadan's first 3 days

Posted on 04/10/2005

Emirates Telecommunications Corporation- ETISALAT- has announced that it is offering off-peak rates for all calls made to international destinations during the first three days of the Holy Month of Ramadan. The offer will begin on the first day of Ramadan. This offer comes as an extension of ETISALAT's commitment to be a part of the community in their activities and celebrations. (The Emirates News Agency, WAM) ...  >>MORE

ETISALAT Announces net profit of Dh2.87bn in first 8 months

Posted on 04/10/2005

The board of Directors of Emirates Telecommunications Corporation- ETISALAT- held its first meeting in Abu Dhabi yesterday under the Chairmanship of Mohammed Hassan Omran, Chairman and CEO of ETISALAT At the beginning of the meeting, the board hailed the wise guidance of President H.H. Sheikh Khalifa Bin Zayed Al Nahyan, and thanked him for the confidence he placed in the ETISALAT board of Directors through the issuance of Federal Decree Number 96/2005 of 26th September, 2005, on the ...  >>MORE

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Quick List

ETISALAT opens service centre in Khalifa Energy Complex


ETISALAT to take over PTCL control on April 12


du opens link to global telecom service


du allotment letters and refunds on April 3


ETISALAT receives approval to increase capital


Du IPO oversubscribed 167 times


TRA-UAE and TRA-Bahrain sign cooperation MoU


ETISALAT completes 26% purchase of PTCL


ETISALAT submits bid for 35% stake in Tunisie Telecom


TRA Represents UAE Telecommunication Interests at World Telecommunication


Nokia wins Dh700m du deal


ETISALAT launches CLIP for call waiting on fixed lines


ETISALAT scoops Middle Award Customer Care Excellence award


ETISALAT Board announces 25 per cent dividend to shareholders and 25 per cent increase in gross profit


ETISALAT introduces SMS anti-spam service


ETISALAT, Pakistan Telecom Reach Agreement


ETISALAT wins the GCC Economic Award 2006


ETISALAT introduces 'Ahlan' mobile package for visitors


Emirates Link Tech and Al Babteen Liblank sign memorandum of association


EITC unveils logo and strategy to win 30% of telecom market


Telecom regulator signs second operator’s license in UAE


Telecom liberalisation imminent


ETISALAT launches Push-To-Talk


Emirates Integrated Telecommunication Company to pay Dh124.5m one-time licence fee


ETISALAT earns net profit of Dh4.3b


ETISALAT: Talks with second operator still on


ETISALAT eyes Denmark's TDC to enter Europe


ETISALAT to make foray into Afghanistan market


ETISALAT, Iraq Telecom and STC join for FOG2 submarine cable


UAE announces its new telecom policy


ETISALAT presses ahead


ETISALAT is sixth largest Middle East company: The Middle East magazine


GoP, ETISALAT reach agreement on successful completion of PTCL privatisation


ETISALAT's bid for Telsim was not the highest: Omran


Emirates Integrated Telecommunications comes into being with Dhs4-billion capital


TECOM Investment acquires stake in Axiom Telecom


ETISALAT launches Dh20 blue card


ETISALAT net rises to Dh3.2b


ETISALAT picked for Tunisie Telecom bid


ETISALAT offers off-peak rates during Ramadan's first 3 days


ETISALAT Announces net profit of Dh2.87bn in first 8 months