Etisalat and Telefónica announce the signing of a strategic multinational agreement

The two operators have jointly announced that they have signed a Strategic Partnership Agreement to enter into a broad-based cooperation. The partnership is designed to allow both groups to collaborate on a range of strategic areas and strengthen their capabilities to address global industry trends.

Under the terms of this Agreement, the two parties will establish mechanisms to enable them to draw on each other’s experience in various areas, including collaboration on technological standardisation, new global technology initiatives, research and development, and new emerging products and services designed to capture the digital growth opportunities such as M2M, financial services or cloud-based services. 

Both companies have also agreed to jointly work on procurement, international capacity and wholesale services as well as offering enhanced support for multinational customers of each operator taking advantage of the benefits of the Telefónica Partners Program.

The Partnership Agreement comes into effect immediately and will look to deliver efficiency improvements, innovation and cost-savings into both organisations.

Etisalat Group today is represented in 18 countries in Africa, Asia and the Middle East, whilst Telefónica’s footprint has been established in 25 markets in Europe and Latin America.

Essa Al Haddad, Group Chief Marketing Officer at Etisalat, pictured.

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