Etisalat eyes expansion across six markets

www.WirelessFederation.com/news: Six countries across the Middle East and North Africa are currently in the eyes of UAE-based telecoms operator Emirates Telecommunication Corporation (Etisalat). Iraq, Libya, Lebanon, Oman, Syria and Morocco have been targeted by the company as markets with low penetration levels in which the UAE firm could acquire either a license or a telecoms operator.

According to the telco’s chairman, Mohammad Hassan Omran, Etisalat is in an excellent position financially and operationally to capitalize on these opportunities.

The company has also said it is targeting majority stakes in its subsidiaries and associates for greater operational and financial synergy.