Etisalat

Etisalat is a UAE-based telecommunications company that provides services such as telephony, cable television, and internet across the Middle East, Asia, and Africa. Read more

989 Followers on Owler
989 Followers on Owler
989 Followers on Owler
989 Followers on Owler

Etisalat

Etisalat is a UAE-based telecommunications company that provides services such as telephony, cable television, and internet across the Middle East, Asia, and Africa. Read more

Hatem Dowidar's photo - CEO of Etisalat

CEO

Hatem Dowidar

CEO Approval Rating

80/100

Founded:

1976

Status:

PublicIndependent CompanyOtherETISALAT

ETISALAT TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Du is the top competitor of Etisalat. Du is a Public company that was founded in Dubai Media City, Dubai Emirate in 2006. Like Etisalat, Du also operates in the Telecommunication Services sector. Du has 41,377 fewer employees vs. Etisalat.

Ooredoo is seen as one of Etisalat's biggest rivals. Ooredoo was founded in Doha, Ad Dawhah Municipality} in 1987. Like Etisalat, Ooredoo also competes in the Telecommunication Services space. Compared to Etisalat, Ooredoo generates $6.3B less revenue.

STC is perceived as one of Etisalat's biggest rivals. STC was founded in 1998, and is headquartered in Riyadh, Riyadh. Like Etisalat, STC also operates in the Telecommunication Services space. STC generates $1.7B more revenue vs. Etisalat.

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Etisalat Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$14.1B

Etisalat's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 21.2B. Over the last four quarters, Etisalat's revenue has grown by 5.8%. Specifically, in Q1 2021's revenue was $3.6B; in Q4 2020, it was $3.6B; in Q3 2020, it was $3.5B; in Q2 2020, Etisalat's revenue was $3.4B.

Etisalat Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Help AG

Feb 2020

Source »
undisclosed
Help AG provides endpoint detection, managed threat intelligence, internal audit and web application firewall solutions for businesses.

-

Businesses in UAE and Saudi Arabia, Help AG

Sep 2019

Source »
undisclosed
-

These are all the companies that Etisalat has acquired. Etisalat has acquired 2 companies and its latest acquisition was Help AG in Feb 2020. Help AG provides endpoint detection, managed threat intelligence, internal audit and web application firewall solutions for businesses.

Etisalat Funding History

Since Etisalat was founded in 1976, it has participated in 2 rounds of funding. In total Etisalat has raised $5.8B. Etisalat's last funding round was on May 2021 for a total of $1.5B

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Post-IPO Debt
May 2021
$1.5B
-
Unattributed
Apr 2014
$4.4B
-

Since Etisalat was founded in 1976, it has participated in 2 rounds of funding. In total Etisalat has raised $5.8B. Etisalat's last funding round was on May 2021 for a total of $1.5B

Etisalat Investments

No recent investments found related to Etisalat

These are all the companies that Etisalat has invested in. Etisalat has invested 2 companies and its latest investment was Help AG in Feb 2020. Help AG provides endpoint detection, managed threat intelligence, internal audit and web application firewall solutions for businesses.

Etisalat News

May 5, 2021Telecompaper

Etisalat appoints banks for international bond sale

(Telecompaper) UAE operator Etisalat has appointed banks to organise investor meetings ahead of a bon... See more »
May 3, 2021Telecompaper

Etisalat adds 5G connectivity to iPad Pro, launches AirTag

(Telecompaper) Etisalat said it will be offering the iPad Pro with support for 5G, at its retail stor... See more »
April 29, 2021Telecompaper

Etisalat Group net profit rises 8% in Q1, subscribers up 4%

(Telecompaper) Etisalat Group reported a 7.9 percent increase in net profit to AED 2.3 billion in the... See more »
April 29, 2021Arabian Business

UAE telco giant Etisalat reveals 7.9% increase in Q1 profit to $626.3m

Company's aggregate subscriber base up 4% year-on-year to 156 million... See more »
April 25, 2021Dubai Forum

Etisalat participates in 'Together Apart Hackathon'

Dubai Forum Held under the patronage of UAE Ministry of Economy & empowered by Ericsson Etisalat toda... See more »
April 22, 2021Developing Telecoms

Etisalat and Nokia provide ultra-fast 5G broadband services in the UAE

Etisalat's du has partnered with Nokia to deploy a 5G network providing enhanced mobile broadband ser... See more »
April 22, 2021Dubai Forum

Digital Financial Services partners with Lulu for contactless eWallet payment options

Dubai Forum Easily make payments using eWallet at Lulu hypermarkets, supermarkets, department stores ... See more »

Etisalat Press Releases

December 17, 2018Dubai PR Network

E-Vision launches 'Spirit of the Union Channel 47

Dubai, 16 December 2018: E-Vision, a fully owned subsidiary of Etisalat, launched 'Spirit of the Unio... See more »
November 29, 2018Dubai PR Network

MENA region plays a critical role as a technology hub and driving engine in the digital economy, says Khalifa Al Shamsi

Telcos are the backbone of the digital transformation dictating the evolution path of the ICT transfo... See more »
November 29, 2018Dubai PR Network

Telcos are the backbone of the digital transformation dictating the evolution path of the ICT transformation journey

Etisalat role as an operator is significant to increase competitiveness, productivity and innovation ... See more »
July 19, 2018TotalUAE

Etisalat, du change network names to mark Chinese president's visit to UAE

Etisalat, du drop their names anew to mark another historic event happening todayMobile phone users w... See more »
May 14, 2018TotalUAE

Etisalat launches first commercial 5G network in the MENA

Etisalat today announced the launch of the first commercial 5G wireless network in the UAE becoming t... See more »
May 3, 2018Dubai PR Network

Etisalat, Intel and Ericsson celebrate the winners of the 5G University Competition

Dubai, 1 May 2018: Etisalat and Intel, together with Ericsson congratulated students from the America... See more »
March 7, 2018MarketersMedia

Key Players Zain, Ericsson, Phillips, Etisalat

Pune, India, 7th March 2017: WiseGuyReports announced addition of new report, titled "Smart Cities in... See more »

Etisalat Videos

Social Media

Etisalat Headquarters

Sheikh Rashid Bin Saeed Al Maktoum Street

Abu Dhabi, Abu Dhabi Emirate

Driving Directions »

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Etisalat Summary

ABOUT

Overview

Etisalat is a UAE-based telecommunications company that provides services such as telephony, cable television, and internet across the Middle East, Asia, and Africa. Etisalat was founded in 1976. Etisalat's headquarters is located in Abu Dhabi, Abu Dh...

CEO

Etisalat's CEO, Hatem Dowidar, currently has an approval rating of 80%. Etisalat's primary competitors are Du, Ooredoo & STC.

Website

etisalat.com

Frequently Asked Questions about Etisalat

  1. When was Etisalat founded?

    Etisalat was founded in 1976
  2. Who is Etisalat's CEO?

    Etisalat's CEO is Hatem Dowidar
  3. How much revenue does Etisalat generate?

    Etisalat generates $14.1B in revenue
  4. How much funding does Etisalat have?

    Etisalat has historically raised $5.8B in funding
  1. Where is Etisalat's headquarters?

    Etisalat's headquarters is in Abu Dhabi Abu Dhabi Emirate, AE
  2. How many employees does Etisalat have?

    Etisalat has 43,000 employees
  3. What sector does Etisalat operate in?

    Etisalat is in Telecommunication Services
  4. Who are Etisalat's competitors?

    Etisalat's top competitors are Du, Ooredoo, STC