Dubai: UAE’s telecom giant, e&, formerly Etisalat, on Saturday unveiled a comprehensive plan to drive its transformation as a global technology leader that includes geographical expansion, deeper market penetration and new ventures and acquisitions.
“Our exemplary financials and strong standing in the market demonstrate our strength and capability to take our success to new heights as we refocus our efforts in investing in breakthrough technologies, accelerating in-depth market penetrations and capitalising on solid ventures with key industry players,” Jassem Mohamed Bu Ataba Alzaabi, Chairman of e&, said at a media briefing in Dubai.
On Friday, e& reported a net profit of Dh9.3 billion ($2.4 billion) in 2021, an increase of 3.2 per cent compared to the previous year. Its subscriber base grew 3 percent to 159 million subscribers in the MENA…
