Etisalat expects to close the acquisition of Vivendi’s 53% shareholding in Maroc Telecom on 14 May 2014

Press release

Published May 8th, 2014 - 05:46 GMT

Al Bawaba

Emirates Telecommunications Corporation “Etisalat”, the leading telecoms operator in the Middle East, Asia and Africa, announced today that it expects the closing of the acquisition of Vivendi’s 53% shareholding in Itissalat Al Maghrib (“Maroc Telecom”) to be completed on 14^th May 2014.

Strong commitment to excellence and innovation has seen “Etisalat” become one of the world’s fastest-growing telecom groups, rapidly expanding across Asia and Africa. Its UAE operations, strategically located at the crossroads of East and West, enables “Etisalat” to be the major hub in the Middle East for Internet, voice, broadcast, roaming and corporate data services. “Etisalat” now is servicing 145 million customers in 15 countries.

Background Information

e&

etisalat has deployed many innovative technologies and services to remain at the leading edge of customer experience.
etisalat’s senior leaders understands the need to continue its investments in building the networks of the future because the positive effects filter down to the rest of the economy. Today, the UAE boasts of an excellent telecoms ecosystem, capable of driving successes across industries and sectors.