Emirates Telecom. Group Company (Etisalat Group) PJSC
AADX:EAND20.88
AED
+0.10
(+0.48%)
ISIN
AEE000401019
Return %
Stock
S&P 500
1Y
10.59
14.20
3Y
11.30
81.12
5Y
-16.35
68.34
Capital Structure
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- CEO
- Masood M. Sharif Mahmood
- Sector
- Communications
- Industry
- Specialty telecommunications
- Address
- Abu Dhabi United Arab Emirates
- IPO Date
- Jun 24, 2002
- Website
- eand.com
- Similar Companies
- Business
- Emirates Telecommunications Group Company PJSC, operating globally under the brand identity e&, is a multinational telecommunications and digital technology conglomerate providing comprehensive communications, enterprise digital transformation, financial technology, and entertainment services across the Middle East, Africa, Asia, and Europe. Founded in 1976 and headquartered in Abu Dhabi, United Arab Emirates, the company operates across five primary business verticals comprising e& UAE, e& international, e& enterprise, e& life, and e& capital. Its core products and services include prepaid and postpaid mobile voice and data services; fixed-line telephony; high-speed fiber-to-the-home and business broadband connectivity; 5G wireless networks; international roaming and carrier wholesale capacity; internet protocol television and over-the-top video streaming through evision and Starzplay; digital financial services, mobile payments, and cross-border remittances via e& money; cloud infrastructure, data center colocation, and managed hosting; end-to-end cybersecurity solutions, threat intelligence, and compliance monitoring through Help AG; Internet of Things connectivity, smart city solutions, and industrial automation; artificial intelligence and big data analytics; and omnichannel customer experience platforms. In recent developments, the group executed a comprehensive corporate transformation and rebranding from Etisalat Group to e& to accelerate its evolution from a traditional telecom operator into a global technology group. The company significantly expanded its international footprint into Central and Eastern Europe by acquiring a controlling 50% plus one share stake in PPF Telecom Group assets spanning Bulgaria, Hungary, Serbia, and Slovakia. Additionally, the group emerged as the largest strategic shareholder in Vodafone Group Plc, acquired a controlling majority stake in the Careem Everything App alongside Uber to scale its regional digital consumer ecosystem, finalized the acquisition of a majority stake in streaming platform Starzplay Arabia, and expanded its digital banking footprint through strategic investments including Wio Bank.