Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

UAE - Etisalat investments gears it to take on evolving industry  Join our daily free Newsletter

MENAFN - Khaleej Times - 09/12/2013
No. of Ratings : 0
Add to Mixx!

(MENAFN - Khaleej Times) The changes in the industry include the growth of big data and cloud computing, the spread of social networking and increasing prevalence of smart devices.

Etisalat's investments in advanced technologies have positioned the operator to take advantage of changes in the nature of the industry, especially in emerging markets, paving the way for healthy returns in the years ahead, Khalifa Al Shamsi, chief digital services officer of the Etisalat Group said on Sunday.

"Etisalat's long-term strategy has put the company in prime position to benefit from the changes that are enveloping telecoms," he said.

"These range from setting up the digital services unit to investing in partnerships with product and service innovators - all of which are enabling us to develop and deliver the best products to our customers at the right time."

Al Shamsi was speaking at the Telecom Review Summit with the theme "It's all about Networking", held in Dubai.

He said changes in the industry include the growth of big data and cloud computing, the spread of social networking and increasing prevalence of smart devices. He said more and more customers want to be connected anytime and anywhere through secure, high speed connections, and "they will not settle for anything less".

Etisalat's Digital Services Unit is an innovative branch of the company designed to drive best practices across the group's international footprint and develop innovative solutions. Focuses of the unit include commercial services, digital entertainment and machine-to-machine, a technology which is growing in prominence to become an essential part of the telecoms business model.

Al Shamsi said: "Etisalat views the changes in the industry as an opportunity. That's why we have set up the digital services unit, investing in advanced solution in cloud, M2M technologies and commerce services."

Etisalat's mobile commerce solution, Flous, has already begun to spread throughout its international footprint and local communities are benefiting from it, he said.

By contributing to economic development through products such as this, etisalat will become a part of the fabric of society and ensure customer loyalty in the years ahead. Al Shamsi stressed the importance of mobile operators to work side-by-side with governments to improve the ICT agenda and solutions for the region.

"Etisalat is reaping the awards of a long-term and flexible strategy," he said.


Khaleej Times

  MENA News Headlines
 Oct 4 2015 - UAE says to invest $35 bln in clean energy by 2021AFP
(MENAFN - AFP) The gas-rich United Arab Emirates will invest $35 billion in clean energy by 2021 as it seeks to reduce its dependence on fossil fuels following crude's global price slide, it said ...

 Oct 4 2015 - Qatar's Central Bank governor cuts hopes of rate hikeMENAFN
(MENAFN) Qatar's central bank governor sought to cut expectations for rising interest rates after a jump in local bill yields suggested liquidity in the Qatari banking system was beginning to ...

 Oct 4 2015 - Jordan- UAE delegation visits the Mrajeeb Al Fhood campJordan News Agency
(MENAFN - Jordan News Agency) A delegation from the UAE Ministry of Development and International Cooperation visited on Friday the Mrajeeb Al Fhood camp for Syrian refugees to check on services ...

 Oct 4 2015 - Russian airstrikes in Syria will strengthen Daesh, ObamaJordan News Agency
(MENAFN - Jordan News Agency) US President Barack Obama said on Friday that Russia's airstrikes in Syrian that started last Wednesday, will ultimately empower Daesh terrorist group.Speaking from the ...

 Oct 4 2015 - Jordan- Border guards receive 209 new Syrian refugeesJordan News Agency
(MENAFN - Jordan News Agency) A total of 209 Syrian refugees from various age groups, entered the Kingdom through various crossing points during the last 72 hours, according to a military source on ...

 Oct 4 2015 - Israeli forces kill Palestinian young man in JerusalemJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation forces Sunday morning shot dead a Palestinian teen near Damascus Gate in occupied Jerusalem.Eyewitnesses said that Israeli forces opened fired on 19 ...

 Oct 4 2015 - Israel prevents Palestinians from entering JerusalemJordan News Agency
(MENAFN - Jordan News Agency) Israeli occupation police on Sunday banned Palestinians from entering the old city in East Jerusalem for two days, after two attacks against Israelis occurred in less ...

 Oct 4 2015 - First Gulf offers start-up financeThe Arabian Post
(MENAFN - The Arabian Post) FGB claims to be the first bank in the UAE to offer a one-stop financing solution to start-ups. The bank's new 'Startup Proposition' offers new businesses a range of ...

 Oct 4 2015 - Dubai Holding net up 24% to AED2.6bThe Arabian Post
(MENAFN - The Arabian Post) Dubai Holding Commercial Operations Group (DHCOG) announced a net profit of AED 2.6 billion for the first half of this year ending 30th June 2015, an increase of 24 ...

 Oct 4 2015 - Qatar to improve rank in Competitiveness Index-QBAThe Peninsula
(MENAFN - The Peninsula) Sheikh Faisal bin Qassim Al Thani, the Chairman of the Qatari Businessmen Association (QBA) in press conference said that Qatar's economy is moving in the right direction and ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help