Etisalat Platinum Sponsor

Etisalat today announced its participation as platinum sponsor at the 4th Abu Dhabi Economic Forum, which is taking place on 22nd – 23rd February 2010. The event organized by the Department of the Economic Development in Abu Dhabi is attended by senior executives, bankers CEOs, business leaders and international investment organisations.

 

 

The forum will discuss future of economic development in Abu Dhabi following the consequences of the global economic crisis and its impact on the private sector, foreign investment, infrastructure and industry. It will also explore the ‘post-crisis’ phase and how to mount a sustainable recovery. The event will also discuss the impact of governmental support programs prepared by the public sector. The forum will talk about the consequences of the lack of funding on companies’ general strategies and their priorities.

 

Etisalat’s participation confirms its commitment to activities which support the economic vision of Abu Dhabi. Today the UAE capital is witnessing large investments thanks to successful policy of economic diversification and strengthening cooperation with the private sector.

 

Etisalat follows a clear strategy in developing the telecom infrastructure and it is now in the process of completing its leading Fibre-To-The-Home project which is planned to cover the total area of the UAE by 2011.

 

Etisalat moved an important step towards the mobile next generation network, when it launched LTE trials in October 2009. The new network provides high quality and high speed services.

 

Thanks to the network development implemented by Etisalat,. the UAE is ranked in the top 10 amongst all nations in terms of technology availability and government readiness to adopt ICT solutions quoting the WEF annual Global IT Report 2008-09 and Global Competitiveness Report 2009-10.

 

Etisalat enjoys a strong financial position due to its prudent and selective investment policy. Etisalat is also successful in reducing operational expenditure and finding new sources of revenue by introducing new services and packages.

 

Etisalat is present today in 18 markets, where its services cover around 2 billion people in the UAE, Saudi Arabia, Pakistan, Sudan, Tanzania, Benin, Burkina Faso, Gabon, Niger and Togo, the Central African Republic, Ivory Coast, Afghanistan, Egypt, Nigeria, India, Indonesia and Sri Lanka.