COMPANIES
Emirates Integrated Telecommunications Company
- +3.71 Last
- +0.01 (+0.27%) Today's Change
- 1.15m Volume
- 1.78-4.09 52 Week Range
- -0.30 (-7.48%) 52 Week Change
COMPANY DESCRIPTION
Emirates Integrated Telecommunications, known as du, is the UAE’s second telecoms operator. It was established in December 2005, and aims to have a 30 percent market share of mobile subscribers before the end of 2009, up from last year’s 22 percent.du launched mobile telecommunication services in February 2007 across the UAE and is 40 percent owned by the UAE Federal Government, 20 percent by Mubadala Development Company, 20 percent by TECOM Investments and 20 percent by public shareholders. The telecom is listed on the Dubai Financial Market (DFM).
The company reported its 2008 full year results in February, revealing it had added 1.88 million mobile customers over the 12 months. Revenue of $1.08bn was 157 percent up on the previous year.
In January, UK telecoms giant Vodafone signed du up to its Partner Market programme, allowing the UAE carrier access to its products and services. In exchange, Vodafone will give du improved voice and data roaming access across 67 countries, while Vodafone customers visiting the UAE will be given extended network coverage and access to du’s advanced 3G network.
KEY INFORMATION
Industry
Fixed Line Operators, Internet Service Providers, Mobile Network Operators, Telecommunication Services
Address
Building 14, Dubai Media City, 502666, Dubai, UAE
T
971 4 3600000
F
971 4 3613336
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 28 December 2005 | - |
MAJOR SHAREHOLDERS
| Name | Country | ||
|---|---|---|---|
| Emirates Communications and Technology Company | companies | 20 | UAE |
| Ministry of Finance and Industry - UAE | companies | 40 | UAE |
| Mubadala Development Company | companies | 20 | UAE |
PORTFOLIO
| Name | Country |
|---|---|
| DIC Telecom International Operations | UAE |
| Du Broadcasting Services | UAE |
| Tecom Telecom | UAE |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Ziad Abdulla Galadari | Board Member |
| Ahmed Bin Byat | Chairman |
| Fadel Al Ali | Board Member |
| Khaled Ali Al Bustani | Vice Chairman |
| Saad Mohammed Sharif Abdulrazak | Board Member |
| Saeed Al Yateem | Board Member |
| Waleed Ahmed Al Mokarrab Al Muhairi | Board Member |
| Jassim Al Zaabi | Board Member |
| Abdulla Hamad Rahma Al Shamsi | Board Member |
| MANAGEMENT | Position |
| Osman Sultan | Chief Executive Officer |
| Mark Shuttleworth | Chief Financial Officer |
| David Holliday | Executive Vice President - Commercial |
| Yatinder Mahajan | Executive Vice President - Technology |
| Farid Faridooni | Executive Vice President - Corporate Affairs |
| Andrew Grenville | Executive Vice President - International and Wholesale |
| Raghu Venkataraman | Executive Vice President - Corporate Strategy and Strategic Marketing |
| Hatem Bamatraf | Vice President - Network Development |
| Ananda Bose | Vice President - Corporate Programme Management |
| Fahad Al Hassawi | Executive Vice President - Human Resources |
| Garry Melvold | Vice President - Network Operations |
| Annaliese Reinhold | Vice President - Legal |
| Rashid El Sheikh | Vice President - Procurement and General Services |
| Hala Badri | Vice President - Corporate Communications |
| Hamil Husain | Vice President - Information Technology |
| Amir Al Gergawi | Vice President - Internal Audit |
| Walid Kamal | Vice President - Technology Security and Risk Management |
| Ahmed Hassan Al Hosni | Senior Vice President - Information Technology |
| Saleem Mohamed Al Balooshi | Senior Vice President - Operations |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Head - Sales, Dubai, UAE
- Financial Analyst, Qatar, Qatar
- Business Analyst, Abu Dhabi, UAE
- Asst to General Manager, Abu Dhabi, UAE
- Office Manager / Secretary, Abu Dhabi, UAE
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
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