UAE operator Etisalat has asked India’s Foreign Investment Promotion Board (FIPB) to allow it to increase its stake in Etisalat DB to over 50%, giving it a majority share of the business.
Etisalat currently owns 45% of Etisalat DB and is looking to take…
UAE operator Etisalat has asked India’s Foreign Investment Promotion Board (FIPB) to allow it to increase its stake in Etisalat DB to over 50%, giving it a majority share of the business.
Etisalat currently owns 45% of Etisalat DB and is looking to take a 50% plus one share controlling stake, in line with its overall operational strategy.
