Monday, April 20, 2009

Etisalat Seeks Expansion

Abu Dhabi-based Etisalat said its revenues increased 13% year-on-year in the first quarter of 2009 to 7.12 billion UAE dirhams (1.94 billion US dollars), while net profits rose 4% to 2.18 billion UAE dirhams.

The operator said it is awaiting an appropriate opportunity to expand into Syria and Lebanon. source: Etisalat statement

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