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Finance / Syria

Etisalat Unlikely To Buy Syrian Mobile Licence Despite Reports Of Renewed Interest

June 2011 | Corporate Financing Analysis

Etisalat, the UAE's biggest telecoms service provider, may be considering a fresh bid for a mobile licence in Syria if the terms are right, reports UAE-based publication The National. While international expansion is still viewed as a viable means for Etisalat to diversify its revenue streams and offset the impact of slower growth in its domestic market, CFW examines the reasons why the company's likelihood of securing the licence is slim.

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