AIRLINK 90.15 Increased By ▲ 1.42 (1.6%)
BOP 5.41 Increased By ▲ 0.34 (6.71%)
CNERGY 3.96 Increased By ▲ 0.09 (2.33%)
DFML 42.07 Decreased By ▼ -1.08 (-2.5%)
DGKC 90.20 Decreased By ▼ -0.28 (-0.31%)
FCCL 23.00 Increased By ▲ 0.32 (1.41%)
FFBL 38.00 Decreased By ▼ -0.15 (-0.39%)
FFL 9.30 Increased By ▲ 0.10 (1.09%)
GGL 9.70 Increased By ▲ 0.12 (1.25%)
HASCOL 6.10 Increased By ▲ 0.07 (1.16%)
HBL 132.50 Increased By ▲ 6.50 (5.16%)
HUBC 167.30 Increased By ▲ 3.30 (2.01%)
HUMNL 10.78 Increased By ▲ 0.16 (1.51%)
KEL 4.72 Increased By ▲ 0.01 (0.21%)
KOSM 4.18 Decreased By ▼ -0.07 (-1.65%)
MLCF 38.25 Increased By ▲ 0.45 (1.19%)
OGDC 136.79 Increased By ▲ 0.79 (0.58%)
PAEL 26.75 Increased By ▲ 1.75 (7%)
PIBTL 6.20 No Change ▼ 0.00 (0%)
PPL 124.68 Increased By ▲ 0.91 (0.74%)
PRL 23.85 Increased By ▲ 0.64 (2.76%)
PTC 12.30 Decreased By ▼ -0.33 (-2.61%)
SEARL 59.05 Increased By ▲ 0.37 (0.63%)
SNGP 68.11 Increased By ▲ 2.01 (3.04%)
SSGC 9.98 Increased By ▲ 0.16 (1.63%)
TELE 8.09 Increased By ▲ 0.49 (6.45%)
TPLP 8.90 Increased By ▲ 0.05 (0.56%)
TRG 62.00 Decreased By ▼ -0.30 (-0.48%)
UNITY 31.95 Increased By ▲ 0.66 (2.11%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 8,501 No Change 0 (0%)
BR30 27,421 No Change 0 (0%)
KSE100 80,234 No Change 0 (0%)
KSE30 25,799 No Change 0 (0%)

etisalatABU DHABI: Emirates Telecommunications Corp (Etisalat) on Sunday launched a high-speed long-term evolution mobile broadband network in the United Arab Emirates.

The former monopoly will provide LTE, also known as 4G, in the UAE's major cities, it said at a press conference in Abu Dhabi.

LTE allows for download speeds more than double that of previous mobile networks and Etisalat's move follows similar announcements by three Saudi Arabia operators earlier this month, with carriers betting on increased demand for mobile data to offset ebbing mobile subscriber growth.

Etisalat has spent 6 billion dirhams ($1,63 billion) on its local LTE and fibre optic network, acting Chief Executive Nasser bin Obood said at the conference.

Copyright Reuters, 2011

Comments

Comments are closed.