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Etisalat

Emirates Telecommunications Corporation, also known as Etisalat, is the telecommunications carrier and internet service provider in the United Arab Emirates. Etisalat provides all type of telecom services in addition to cable TV service. Etisalat is currently moving to a 3G network.
At the end of September 2005, the numbers of lines in service are 1,222,905 for telephone, 4,305,821 for mobile and 4,698, 17 for internet. Mobile penetration now exceeds 95 per cent."
In May 2005, the UAE Telecommunications Regulatory Authority approved the formation of a new telecoms company, which will effectively end Etisalat monopoly, creating a du. The new $1.1 billion telecoms provider will be 40% owned by the UAE's General Pensions and Social Security Authority and other state interests, with the remaining shares earmarked for private sector shareholders including an initial public offering, which may or may not be open to foreigners. The new telecommunication company (Du) is starting to gain a......


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Approximate Word Count: 393
Approximate Pages: 2 (250 words per double-spaced page)

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