|
|
|
|
|
Etisalat ready for Dh3bn investment
Published May 19, 2011
|
Capital expenditure on its UAE networks will be between Dh2bn (US$544.5 million) and Dh3bn a year, said Nasser bin Obood, the acting chief executive of Etisalat.
The spending would be focused on mobile networks, data cabling and IT systems, he said.
The operator's 4G mobile network would be launched "very soon", starting "with the main cities, Dubai, Abu Dhabi, Al Ain, Sharjah," Mr bin Obood said.
Osman Sultan, the chief executive of Etisalat's rival du, said that his company was also looking to launch 4G services.
"Our trials have been completed. But there's no date to be announced now," Mr Sultan said. "Hopefully this year, but it's not a firm commitment."
Mr Sultan declined to specify du's planned infrastructure investment this year. Both executives were speaking on the sidelines of the Abu Dhabi Telecoms CEO Summit.
Philip Brazeau, who heads the telecommunications practice at the Middle East law firm Al Tamimi, said Etisalat's investment in a 4G network
Posted by
VMD - [Virtual Marketing Department]
|
|
|
