Etisalat Group is one of the world’s leading telecom groups in emerging markets. Etisalat’s current market cap is over AED 152 billion (42 billion USD). With reported net revenues of AED 52.4 billion and net profit of AED 8.4 billion for 2016, Etisalat ranks amongst the most profitable telecom groups in the world. Its high credit ratings at AA-/Aa3 reflect the company’s strong balance sheet and proven long-term performance.
Headquartered in Abu Dhabi, Etisalat was established four decades ago in the UAE as the country’s first telecommunications service provider. An international blue-chip organisation, Etisalat Group provides innovative solutions and services to 162 million subscribers in 16 countries across the Middle East, Asia and Africa.
Groups Under Direction
The company maintains a significant controlling stake in 1 group companies globally. Group companies are those maintaining a parent relationship to individual subsidiaries and/or mobile network operators.
The company has 6 subsidiaries operating mobile networks.