Tuesday, July 13, 2010
Etisalat Hits 4 Million Mark In Nigeria
The company has gradually expanded coverage of its GSM network, which is currently available in all 36 states and the Federal Capital Territory, Abuja. CEO of Etisalat Nigeria, Steven Evans, noted: ‘We are glad to be able to make such a momentous announcement like this after less than two years of commercial operations in Nigeria's highly competitive environment, especially given our position as the fifth entrant into the dynamic Nigerian telecoms market.’
Etisalat Nigeria is 40%-owned by UAE incumbent Etisalat, with 30% owned by UAE government investment vehicle Mubadala Development Company, and the remainder by Nigerian investors.