Etisalat to invest more than AED3bn in network upgrades in 2017, says CEO

ABU DHABI, 7th October, 2017 (WAM) -- Etisalat plans to invest more than AED3 billion in 2017 to develop and modernise infrastructure and expand mobile and fibre optic networks, Internet of Things, artificial intelligence and robotics across the UAE, according to a top company executive.

Speaking to the media ahead of the GITEX Technology Week, Saleh Al Abdooli, CEO of Etisalat Group, said investment pumped into networks were estimated at AED 31 billion.

''Due to these investments, 3G network coverage has reached 99.58 percent while 4G LTE is at 97.78 percent. Fibre-to-the-home, FTTH, penetration has grown to reach 93.28 percent. This helped position the UAE as a market with the highest FTTH coverage in the world last year among all its global counterparts.

''We are now working to complete the 5G network infrastructure to align it with the international standards for the launch in 2020. Etisalat is also preparing the infrastructure for the Expo Dubai 2020 network to become one of the fastest, smartest and most advanced networks in the world to ensure that visitors enjoy an exciting digitally enhanced experience," he added.

The 37th annual GITEX Technology Week will be held from 8th to 12th October, 2017, at the Dubai World Trade Centre.


WAM/Tariq alfaham