Saturday, December 10, 2005

UAE's second telecom firm to start operations in mid-2006 :: Khaleej Times

Quote:
ABU DHABI — The UAE’s second telecommunications operator, Emirates Integrated Telecommunication Company (EITC), is expected to start commercial operations by the middle of next year. EITC will have a paid-up capital of Dh4 billion.
According to the Telecom Regulatory Authority (TRA), the new operator will be offering mobile services, which is expected to cover most of the UAE, fixed phone lines, Internet and other services.

The UAE government owns 50 per cent of the capital of the new company, while Mubadala Development Company and Emirates Communication and Technology LLC own 25 per cent each of EITC.
samuraisam posts links to additional reports on this story at UAE community blog.

See also the story at Emirates Today.

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