Emirates Telecommunication Corporation was established in 1976. It is Multinational UAE based telecommuncations service provider. It is operating in 17 countries across Asia,Middle East and Africa.Etisalat is one of the internet hubs in the middle east providing connectivity to other telecommunications operators in the region.The increase of exchange lines from 36,000 in 1976 to more than 737,000 in 1998 was one of the important indicators of Etisalat network’s growth and development. Etisalat UAE is headquartered in Abu Dhabi and includes three regional offices – Abu Dhabi, Dubai, and Northern Emirates.
Etisalat Group is one of the world’s leading telecom groups in emerging markets. Etisalat’s current market cap is over 132 billion AED (36 billion USD). With reported net revenues of AED 51.7 billion and net profit of AED 8.3 billion for 2015, 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.
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