12 February, 2006

Etisalat's competitor is here?

I thought Vodafone was coming, so what is ECIT? Or have I skipped some news pieces in between?

Quote:

Emirates Company for Integrated Telecommunications (ECIT), the UAE's new telecommunications operator, will compete with Etisalat on all fields including pricing, according to CEO Osman Sultan.

Sultan remained realistic about the task of breaking the monopoly of incumbent operator Etisalat. He said: "It will not be a cut-throat price war, because we will not strongly attack one of the strongest financial operators in this part of the world.

So basically...nothing much will change?

6 comments:

grapeshisha said...

There will be aduopoly until 2015:

http://archive.gulfnews.com/articles/05/09/27/183871.html

Anonymous said...

Ecit is 50 per cent owned by the UAE government. Abu Dhabi's Mubadala Development Company and the Emirates Company for Telecommunications and Technology, which is a new subsidiary of the Dubai Technology, e-Commerce and Free Zone Authority (Tecom) each have a 25 per cent stake.

Keefieboy said...

I've previously seen this entity referred to as EITC - Emirates Integrated Telecommunications Company.
Please save us from a 'Fab Company For Doing This and That Est LLC (Br)' scenario.

samuraisam said...

They should replace the C in ECIT with SH.

I think that'd represent more accuractely what they're doing to the consumers, taking an eShit on them.

Tim Newman said...

Also, the new telecoms company will only be supplying services to select locations, namely Emaar properties. The rest of us won't have access to their services.

Anonymous said...

This is the best news I have ever heard from the past 20 years. Go Du.

David

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