Etisalat has participated on an executive panel discussion on the challenges and obstacles recently faced the acquisitions and mergers movement in the region on the sideline of Telecom World Middle East Conference 2011.

Etisalat Group's Senior Vice President for Corporate Communications, Ahmed bin Ali touched the basic features of mergers and acquisitions strategies pursued by telecommunications companies to create a stimulating environment for the industry, in addition to the necessary ingredients for the success of such strategies by seizing the right opportunities and overcome challenges that accompany such operations.

“Acquisitions and mergers in the telecommunications industry today has become an imperative need to expand and provide new opportunities for growth, as well as to diversify sources of income, especially after the saturation the sector has recently witnessed besides, the intensification of competition among the big players and the outbreak of a price war between the different sides of the equation,” said Bin Ali.

“Appropriate opportunities became very diminutive compared to demand in the market now. Etisalat has put all its efforts and expertise to achieve sustainable development through the provision of modern infrastructure and appropriate mechanisms to improve the performance of various sectors in all countries in which it operates,” added Bin Ali.

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