Etisalat UAE to invest cAED3bn in infrastructure and network expansion in 2017
Etisalat UAE plans to spend cAED3bn to develop infrastructure and expand its mobile and fibre optic networks across UAE in 2017, according to Saleh Al Abdooli, Etisalat Group’s [ETEL.AD] CEO. These investments will help the unit improve network coverage and prepare it for the deployment of 5G, Al Abdooli added.
Etisalat (AD): AED17.65 as of 2 Mar, Rating: Neutral, TP: AED18.63, MCap: USD41,825mn, ETISALAT UH/ETEL.AD
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