Description
Emirates Telecommunications Group Company PJSC, doing business as etisalat by e&, is an UAE state-owned telecommunications company. It is the 18th largest mobile network operator in the world by number of subscribers.
On 31 December 2021, Etisalat reported consolidated revenue of AED53.3 billion and net profits of AED11.1 billion. The total market capitalization of the company currently is AED329 billion. In May 2023, Etisalat reported revenue of AED13 billion for Q1.
Etisalat is one of the Internet hubs in the Middle East (AS8966), providing connectivity to other telecommunications operators in the region. It is also the largest carrier of international voice traffic in the Middle East and Africa and the 12th largest voice carrier in the world. As of October 2008, Etisalat has 510 roaming agreements covering 186 countries and enabling BlackBerry, 3G, GPRS and voice roaming. Etisalat operates Points of Presence (PoP) in New York, London, Amsterdam, Frankfurt, Paris, and Singapore. In December 2011 Etisalat announced the commercial launch of Etisalat 4G LTE Network. In May 2018 Etisalat announced the commercial launch of Etisalat 5G LTE Network, becoming the first telecom operator in the Middle East and North Africa (MENA) region to do so.
On 24 February 2022, Etisalat Group launched a new brand identity called e&. The group also announced that it will keep the previous branding identity in the UAE and internationally.
