Business
Etisalat Plans To Penetrate Iraqi Market
Etisalat, UAE-based telecoms operator, will make a decision on how to enter the Iraqi market this month as it continues to look for expansion opportunities abroad. According to the head of Etisalat’s international operations, Jamal Jarwan, the company is considering whether to bid for a licence in the country or instead buy a stake in Kurdish operator korek Telecom.
Etisalat first expressed an interest in securing a 51 percent stake in Korek Telecom in October 2008, in a deal worth up to $1 billion. Alternatively Etisalat may bid for Iraq’s fourth mobile concession after the government announced plans in July 2009 to launch a new license auction.
Also, in order to boost telecom service in its regions of operations, Etisalat Nigeria, the fifth global system for mobile communications (GSM) Company in the country was among the six telecom companies newly admitted this month as members of the Africa Coast to Europe consortium which is currently running the ACE submarine cable system from France to South Africa, connecting all countries along the west coast of Africa.
Etisalat membership and others reinforce the structure of ACE and demonstrated that is strategy is attractive to African telecommunication operator, and is seen as an effective way to meet their international traffic requirements.
The ACE submarine cable system which will be more than 14,000km long will be ready for service in 2011. the system will include state-of-the-art submarine cable technology with a minimum capacity of 1.92 Tbit/s, which is capable of supplying the network connectivity required to meet the needs of many countries and secure international traffic. The submarine cable system when completed will complement the SAT-3, and the main one cable to be completed by mid 2010, and will offer the West African coastal region excellent connectivity to telecommunications networks in Europe, America and Asia.
The ACE consortium currently comprises twenty five parties from Europe and across the Africa continuant.
Business
NCDMB, Dangote Refinery Unveil JTC On Deepening Local Content

Business
Industry Leaders Defend Local Content, … Rally Behind NCDMB

Business
Replace Nipa Palms With Mangroove In Ogoni, Group Urges FG, HYPREP

-
News16 hours ago
NUP Denies Planned Protest Over N32,000 Pension Increment
-
Women12 hours ago
What To Know About Fufu, Loi Loi
-
Rivers15 hours ago
ASALGA Community Debunks Reports On Ownership Of Land Its Settlements
-
Business17 hours ago
2027: Group Vows To Prevail On Diri To Dump PDP For APC
-
City Crime14 hours ago
RSG Tasks Federal Government On Maternal Deaths
-
News16 hours ago
South-South Contributes N34trn To Nigeria’s Economy In 2024 – Institute
-
Featured12 hours ago
Rivers A Strategic Hub for Nigeria’s Blue Economy -Ibas …Calls For Innovation-Driven Solutions
-
Rivers15 hours ago
NDDC Inaugurates Ultra-Modern Market In Rivers Community