United Arab Emirates (UAE) telco e&—formerly known as. Etisalat Group—is slowly but surely building a presence in Europe. In early August e& agreed to take a majority (50% plus one share) stake in PPF. Telecom Group’s Central and Eastern European businesses across four countries including mobile network operations under the Yettel and O2 brands.
The transaction covers PPF’s operations in Bulgaria Serbia Hungary (all Yettel) and Slovakia (O2) and is expect to close in or before. The first quarter of 2024 subject to regulatory approvals. As well as the upfront sale price of €2.15 billion ($2.36 billion). PPF will receive up to €350 million in earn-out payments if certain targets are met within three years. The four PPF businesses serv a combined 10.3 million mobile subscriptions as of mid-2023.
Source: Tele Geography’s Global Comms Database
Hatem Dowidar Group CEO of e& comment: “By combining PPF Telecom’s expertise with our own innovative capabilities we are poised to establish. A major telecommunications presence in central and eastern Europe. We aim to realize synergies optimize procurement efficiencies and. Enhance customer offerings establishing our position as a leading global tech group.”
The UAE group already has a stake in a major European player
In May 2022 e& spent $4.4 billion to acquire 2.766 billion shares in UK-based Vodafone Group representing 9.8% of the latter’s issued share capital. By April 2023—via a series of incremental moves over the previous few months—it raised its stake to 14.6%.
At the time of the initial share purchase e& said it made the investment in Vodafone Group “to gain significant exposure to a world leader in connectivity and digital services.”
In May 2023 Vodafone Group and e& strengthened their partnership further unveiling what they say is “a strategic relationship that brings the two operators closer together in certain aspects of their businesses.”
The agreement will see the two firms jointly offering cross-border digital services to multinational and public sector customers in the Enterprise sector while also working together in the Carrier Wholesale and Roaming segment.
It was report in early August 2023 that e& was looking to
Increase its interest in Vodafone to up to 20% although it says it has no plans to make a full takeover bid for the UK firm.
e& is 60%-owned by the Emirates Investment Authority (EIA) itself owned by the UAE federal government. The remainder is in free float.
TeleGeography’s GlobalComms Database notes that e& was form under the Etisalat name in 1976 as an amalgamation of the public telecom companies of the seven emir territories that make up the UAE.
After losing its domestic monopoly in 2007 the telco went on to expand its presence abroad building an international footprint via Etisalat Group in order to offset stagnating domestic revenues.
e&’s consolidated business now incorporates direct and indirect subsidiaries in 17 markets across the Middle East Africa and Asia covering a combined population of around 500 million.
e&’s consolidated business now incorporates direct and indirect subsidiaries in 17 markets across the Middle East Africa and Asia covering a combin population of around 500 million.
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Source: Tele Geography’s Global Comms Database
Outside of the UAE the firm’s Middle Eastern operations include a 28% stake in Saudi cellco Mobily (Etihad Etisalat) and a 66.4% share of Egypt’s Etisalat Misr.
The “Asia Cluster” comprises a wholly-owned operation in Afghanistanas well as a 23.4% stake in Pakistan Telecommunication Company Limited (PTCL)—which owns mobile unit Pakistan Telecommunication Mobile (Ufone)—plus a minority stake in Sri Lankan cellco Hutchison Telecommunications Lanka (Hutch Lanka).
In May 2014 e& completed the acquisition of an indirect stake in Maroc Telecomh which brought with it operations in Morocco Mali Mauritania Gabon and Burkina Faso.
That same month e& announc an intra-group sale of
Its wholly-owned subsidiary Atlantique Telecom (AT) to Maroc Telecom covering telco businesses in six West African countries. e& bought a 50% interest in AT back in 2005 increasing its stake to 100% by early 2010.
At the end of June 2023 e& claimed an aggregate consolidated subscription base of 165 million up 3% year-on-year with growth reported in most of its key markets.
The group reported consolidated revenues of AED52.4 billion ($14.3 billion) in full-year 2022 down 2% year-on-year. EBITDA also dropped 2% to AED26.2 billion while net profit was up 7% at AED10.0 billion.
Enterprise network managers have. A wide array of service providers to choose from for a dedicat cloud connection service.
While enterprises can set up a link directly with. The cloud provider more frequently a third-party (think a carrier colocation provider or connectivity specialist) is used.
Selection of a provider often depends on the location of the enterprise
WAN in relation to the cloud providers’ zones or data centers.
If a company has routers located within the same colocation facility as. The cloud provider it can often work directly with the cloud service provider. To facilitate the direct connection between the networks.
Cloud On-Ramps by Top Metros
Copyright_TeleGeography_cwi_csp_onramp_top_metros (1)
Notes: Data represent the number of dedicat hong kong phone number by data connection on-ramp offerings. By cloud service providers at colocation facilities. Data include available information from Alibaba AWS Google Cloud IBM Microsoft Azure Oracle Cloud and Tencent Cloud. Data as of Q1 2023. Source: © 2023 TeleGeography
With a total count of over 250
Asia is home to the most in-service kh number cloud zones. The United States and Canada follows suit with over 125 zones.Together these two regions account for. About 65% of the world’s cloud data centers.
