VOL. XLVII

No 16

19-April-2004

TELECOMS

Etisalat To Lose 27-Year Monopoly Over UAEs Telecom Sector

In step with the liberalization that has occurred elsewhere in the region, Emirates Telecommunications Company (Etisalat) is set to lose the 27-year monopoly it has enjoyed over the UAE telecom sector. UAE President Shaikh Zayid bin Sultan Al Nuhayyan on 11 April issued a federal decree (Number 3 of 2003) that restructures the countrys telecommunications sector and revokes Etisalats exclusive rights...