Friday, April 22, 2011

Etisalat scraps Syria plans

Emirates Telecommunications Corporation (Etisalat) announced it had scrapped plans to compete on the third license to operate a mobile network in Syria. This is the latest setback to the efforts by the UAE company's expansion plans in the Middle East. Etisalat ? the largest mobile phone service operator in the Middle East in terms of market value ? was one of five groups qualified to enter the bidding stage for the license, but said it was disappointed with the terms of the deal, without giving details. 

Syrian President Bashar al-Assad
� 2011 Al Bawaba (www.albawaba.com)

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Source: http://www1.albawaba.com/main-headlines/etisalat-scraps-syria-plans

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