Sun 26 Sep 2010 07:52 AM
Nasser Bin Obood Al Falasi

Nasser Bin Obood Al Falasi

Industry: Technology

Country: United Arab Emirates




Etisalat, or Emirates Telecommunications Corp, to give its full title, pulled in a profit of $1.1bn in the first half of the year. The Abu Dhabi-based telco is fighting a battle on two fronts, attempting to expand its overseas operations while also facing competition at home in the shape of newcomer Du.

And yet as long as each one of its 10,500 employees keeps pulling in an average $104,762, then acting CEO Nasser Al Falasi won't be too worried - especially when he considers that Etisalat recorded a ten percent rise in its number of mobile customers in the UAE between the first quarter and second.