Etisalat Egypt

Etisalat Misr S.A.E. is the third mobile operator to enter the Egyptian market and the first integrated operator for telecom services in Egypt. It officially started its business in 2007 and managed to attract one million subscribers in the first fifty days of the launch of its operations, becoming one of the largest mobile networks in the Egyptian market. Etisalat was the first company to provide 3.5G services, and was also the first to provide 4G services without the need for its customers to change their SIM cards, in addition to constantly developing its network.[citation needed]Etisalat Egypt is one of the companies operating under Emirates Telecommunication Group Company, which was established in 1976 and later expanded to operate in 16 countries across the Middle East, Africa and Asia, serving more than 148 million subscribers with its services. Etisalat provides mobile, fixed line, mobile Internet and fixed Internet services.

The ownership structure of Etisalat Egypt is divided into seven entities: Etisalat International Egypt Co. Ltd. – Emirates 66% of capital, Post for Investments S.A.E – Egypt 20%, DAS Holding 5%, DIFC LLC – UAE 5%, Saudi Tech Invest Com 1.5%, Al Naboodah Investments – UAE 1.5%, and Mawarid Finance – UAE 1%.