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Emirates Telecom

Emirates Telecom

Industry: 
Telecommunications
Value of USG Contracts: 
1
Symbol: 
ABD:ETISALAT
Country: 
UAE
Contact Information: 
Sources: 

"Emirates Telecommunications Corp ETEL.AD (Etisalat) said on Tuesday a consortium it is part of would pay 300 million euros ($402.1 million) to acquire a mobile phone licence in Iran and was in talks to buy an operator in Iraq. The group would invest at least $1 billion into building infrastructure in Iran and was looking to begin operations within nine months, possibly earlier, said Jamal al-Jarwan, chief executive of Etisalat International Investments." (Reuters, "Emirates Telecom to pay $402 mln for Iran licence," 1/13/09)

Response: 

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