UAE incumbent Etisalat will be bidding for the third mobile licence open for tender in Syria, Jamal al Jarwan, the company’s CEO for International Investments, told local press.
He also claimed that the company was looking at investing in India and…
UAE incumbent Etisalat will be bidding for the third mobile licence open for tender in Syria, Jamal al Jarwan, the company’s CEO for International Investments, told local press.
He also claimed that the company was looking at investing in India and weighing up the options of investing in India Cellular. He declined to comment on speculation that Etisalat was going to buy 26% of Indian mobile giant Reliance Communications.
Etisalat bought a stake in Indian Swan Telecom in 2008, which was renamed Etisalat DB Telecom India. Etisalat has also recently claimed it was planning to invest US$1.41bn in its Egyptian subsidiary to expand its network during next three years.
Neither Jamal al Jarwan nor any spokespeople from Etisalat were available for comment at the time of going to press.
