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INDIVIDUAL ASSIGNMENT

Course Title: Entrepreneurship Management

The companys profile

Etisalat is the Middle East's heading telecommunications driver and one of


the biggest organizations in the six Arab nations of the Gulf Cooperation
Council, with a business sector quality of give or take Dh81 billion (Us$22
billion) and yearly incomes of over Dh32.9 billion (Us$9 billion).

A multinational, blue-chip association, Etisalat has operations in 15 nations in


the Middle East, Africa and Asia. About 42,000 individuals are specifically
utilized by the organization.

Etisalat's worldwide obtaining project started decisively in 2004 when it won


the second versatile permit, the first third-era (3g) portable permit in Saudi
Arabia. From that point forward, the organization has seen quick
development that has situated it as one of the world's quickest developing
specialists, with endorsers soaring around 3,475 for every penny from four
million in 2004 to 141 million in 2013.

For about 40 years, Etisalat has helped the UAE manage a position as the
district's fundamental center for business, exchange and remote financing by
giving dependable and fantastic administrations. It is one of the worldwide
telecommunication industry's development pacesetters, controlling its home
nation, the UAE, into the main ten countries rundown by giving the most
recent innovations first. In 2010 for instance, on account of Etisalat, the UAE
was one of the initial five nations on the planet with a 3d TV administration,
known as elife, offered over its fiber optic system.

Etisalat is a pioneer in cutting edge systems for both settled line and remote
administrations and it has conveyed enough fiber-optic link in the UAE to
arrive at from the earth to the moon eight times. Etisalat is currently
propelling fourth-era long haul advancement (4g LTE) arranges in the UAE
and Saudi Arabia and it as of now claims the Middle East's speediest settled

line broadband system with velocities of up to 30 mega-bits for every second


(Mbps). As an industry pioneer in development, Etisalat has trialed the
world's quickest versatile broadband administration with paces up to 300
Mbps.

This innovative mastery has helped Etisalat to catch huge piece of the
overall industry as it grows over the district, most outstandingly in Egypt and
Saudi Arabia, where the presentation of versatile broadband administrations,
including feature call and portable TV, has changed the business elements
and gave moderate Internet access to millions.

Etisalat is pioneering a few propelled "green" innovations and is a provincial


pioneer in giving earth amicable data and correspondence results. This
incorporates shrewd building innovations, the most recent Machine-toMachine (M2m) results and the sending of elective power inside its provincial
systems. Etisalat is guaranteeing that its foundation meets the most
elevated worldwide principles and its across the nation fiber-optic system in
the UAE is relied upon to lessen carbon outflows by in excess of 80 for every
penny and vitality utilization by in excess of 70 for every penny.

By cooperating with numerous governments and non-government


associations to build access to training and health awareness through
engineering, Etisalat is focused on the standards of corporate social
obligation. What's more the organization is well-known for its backing of
individuals with extraordinary needs. It was a shortlisted finalist in the 2011
Global Mobile Awards for its visual contact focus administration which utilizes
3g innovation and gesture based communication to give backing to the
listening to impeded. Etisalat won an alternate three grants in this
prestigious rivalry in 2012 and took after the achievement not long from now
when Flous, a business requisition for directing fiscal transactions, won.

Etisalat is appraised by Aa3 by Moody's, AA- by Standard & Poor's and A+ by


Fitch Ratings, providing for it a percentage of the most astounding
evaluations for a telecommunications organization anyplace on the planet.

This reflects the organization's solid asset report, low obligation position and
demonstrated long haul execution.

Etisalat reported net incomes of Dh32.9 billion (Us$9 billion) and net benefit
of Dh13.2 billion (Us$3.6 billion) for 2012 rank it as a standout amongst the
most productive telecoms gather on the planet.

Etisalat has been named 'Best Overall Operator' in the Middle East ten times
since 2006 and "Best Wholesale Provider" four times in the most recent three
years. It has won various awards for its inventive advertising, being granted
for having the "Best Brand", "Best Customer Service" and "Best CSR
Program". Etisalat's administration group is additionally decently celebrated
with its Chairman, Eissa Al Suwaidi, around the most compelling business
people in the UAE.

Etisalat's History

1976: Etisalat was born

1982: Etisalat Company launched their first Middle East mobile


network.

1983: The ownership structure for Etisalat was change to be 60% of


the shares for the government, and the other 40% for the public trade.

1989: The Etisalat University College was established in this year to


have the best engineers to help in the growth of Etisalat.

1991: The UAE government established a law which allow Etisalat to


have a wireless and wired telecommunication service inside UAE and
between UAE and the other countries.

1994: The first GSM service in the Middle East was established in UAE,
they also started the Emirates Data clearing house.

1995: The internet services started in the country, and they open
(Ebtikar) which is a sim card factory.

1996: Thuraya, which is a Satellite telecommunication, has started.

1998: the maintenance service for the international telecommunication


cables started in Etisalat through the e-Marine.

1999: The people who are using the mobile service in Etisalat are more
than 800,000 people; In addition they launched the ADSL service which
is a broadband internet service. Also Etisalat bought some stakes in
Zental Company which is a Tanzanian operator, and its considered as
a step toward being an international company.

2000: in this year the subscriber for the mobile service became more
than 1,000,000 person, The E-vision for the TV services was
introduced, also the Etisalat Academy was established which is a major
place to get the technical and professional trainings.

2002: the GPRS mobile network was developed.

2003: MMS service was started in this year, and 3G networks as well.

2004: Etisalat increased its international activity to have the license to


be a part of Mobily in Saudi Arabia, a part in Canar, and also in Sudan
through the fixed line operator there.

2005: the international activity is becoming more and more important


for Etisalat so they got some stakes to be a part of Pakistan
telecommunication company Ltd, also in Antlantique Telecom.

2006: Third license was given for Etisalat to introduce the 3G service in
Egypt, after that they were rewarded in Afghanistan because of
providing the mobile service there. More over Etisalat started at that
time to offer the blackberry service in UAE. Etisalat service holding also
was there and it includes many parts such as Tamdeed, e-Real Estate,
E-facility management, Ebtikar, and many others.

2007: The international activity of Etisalat reached Nigeria, and


Indonesia. In UAE Etisalat established the mobile TV service.

2008: Etisalat started to use the fibre optic in UAE, and regarding to
the international activities they started being a part of Swan telecom.

2009: Etisalat offered the IPhone in UAE and Saudi Arabia, and they
became a part of Sri Lankan which was later called by Etisalat Lanka.

2010: Etisalat established the 3DTV service which allowed UAE to be


one of the best 5 countries in the World, in addition to having the HSPA
and the LTA.

Future Plan

A world in technology expands our span.

Generally, music, books and administrations no more need to have a


physical organization to be sold on the web. Progressed systems will
progressively give instruction, health awareness and different
administrations and products. Case in point, telemedicine as of recently
permits patients to look for the best guidance from specialists around the
globe; now mechanical supports are starting to make remote surgery
conceivable. As the pace of mechanical change increments, Etisalat will
expand its arrive at into new advances, administrations and markets to make
open doors for our clients.

Enablement

Our point is to open up open doors and to eagerly help individuals achieve
their objectives. We generally convey what we say we will.

Etisalat Services Holding Company

Etisalat Services is the holding organization for the different administrations


and help capacities we offer. While telephony is the center business, we have
always stretched our scope into new territories, including land
administration, marine consultancy, venture administration, and preparing
and improvement.

Composed as distinct specialties units, they work freely and show potential
for the kind of business sector administration we look for in all ranges in
which we work. They incorporate:

Etisalat Services Holding

e-Facility administration (e-FM)

e-Real domain (e-Re)

Etisalat Academy

Ektibar Card Systems

Emirates Data Clearing House (EDCH)

e-Marine

e-Information Services

Tamdeed Projects

Conclusion

Etisalat is one of the leading companies in telecommunication around the


world and mostly concentrated on UAE. Etisalat has in excess of 6.3 million
subscribers in the UAE, speaking to a business entrance in overabundance of
140%, setting the UAE around the most very entered markets on the planet.
This achievement could be credited to the quality and scope of Etisalat's far
reaching system, which has made UAE a standout among the most
progressive nations comprehensively regarding consistent and excellent
connectivity.

References

http://www.etisalat.ae/en/aboutus/etisalatcorporation/corporation/uae/etisalat-uae.jsp
http://www.etisalat.ae/en/aboutus/etisalatcorporation/corporation/profile/company-profile.jsp
http://www.etisalat.ae/en/aboutus/etisalatcorporation/corporation/history/our-history.jsp
http://www.etisalat.ae/en/aboutus/etisalatcorporation/corporation/belief/our-belief.jsp
http://www.etisalat.ae/en/aboutus/etisalatcorporation/corporation/business/our-business.jsp

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