Etisalat Group is one of the world’s leading telecom groups in emerging markets. Etisalat’s current market cap is 87.7 billion AED (23.8 billion USD). With reported net revenues of AED 48.8 billion and net profit of 8.9 billion for 2014, Etisalat ranks amongst the most profitable telecom groups in the world. Its high credit ratings at AA-/A+/Aa3 reflect the company’s strong balance sheet and proven long-term performance.
Headquartered in Abu Dhabi, Etisalat was established almost four decades ago in the UAE as the country’s first telecommunications service provider. An international blue-chip organisation, Etisalat provides innovative solutions and services to 169 million subscribers in 18 countries across the Middle East, Asia and Africa.
Etisalat’s mission is to provide a best-in-class total customer experience domestically and internationally, deliver attractive returns to shareholders while investing in the long-term future of the company, and supporting economic development in all the markets it operates in.
Aspiring to be the most admired telecom group in emerging markets, Etisalat strives to consistently foster innovation and deliver first-in-market technologies wherever it operates. This is evidenced by its expeditionary trials of 5G services in the UAE – the first-ever in the region – including coordinating the development, design and deployment of future ICT platforms for fifth generation mobile broadband. Abu Dhabi is the first capital in the world to be fully connected and has the highest speed fibre optic on the planet.
Such diverse technological expertise has helped Etisalat capture significant market share as it expands across Africa, Asia and the Middle East, most notably in Egypt and Saudi Arabia, where the introduction of mobile broadband services, including video call and mobile television, has changed market dynamics and provided affordable mobile internet access for millions of people.
Etisalat’s performance and services have been widely recognised by the industry. It has won many major awards, including the prestigious annual GSMA’s Global Mobile Awards for the past four years.
For further information please visit www.etisalat.com.
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