Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Saudi Arabian Stock Exchange  >  Etihad Etisalat Company    7020   SA000A0DM9P2

ETIHAD ETISALAT COMPANY

(7020)
  Report
End-of-day quote. End-of-day quote Saudi Arabian Stock Exchange - 08/13
27.25 SAR   +0.55%
2019GLOBAL MARKETS LIVE : BNP, Airbus, Telecom Italia, Volkswagen…
2019Etihad to raise stake in cash-strapped Jet Airways - source
RE
2018ETIHAD ETISALAT COMPANY : Half-year report
CO
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

Etihad Etisalat Company : Mobily Signs an Agreement to Build an International Submarine Cable Linking Asia to Europe

share with twitter share with LinkedIn share with facebook
02/12/2014 | 03:59am EDT

Etihad Etisalat "Mobily" signed yesterday in Hong Kong an agreement included seventeen global operators in Europe, Asia and the Middle East to build and maintain a new submarine cable called (AAE-1) with very high capacity to link the countries of the Far East to Europe through the Middle East and Africa. Mr. Amer Mowafi, SEVP Wholesale & Carrier Services represented Mobily in signing this agreement.

This submarine cable extends for a distance of 25 000 kilometers starts from Hong Kong and ends in France, and it will be the first submarine cable linking the Far East to Europe at the possible lowest rate of delay and high transfer capacities ranging up to more than 40 terabits which will contribute significantly to the growth of the business volume in the countries passing through.

From his part, Khalid Al- Kaf, Mobily's MD and CEO said "Today we are living in the transformation phase that will shift Mobily from a telecom company to data services provider. Today we are building a brighter future for the company and our customers, as these agreements will have a significant impact on the achievement of this goal." He added that "we are delighted to be part of a constellation of the largest companies in the region that have signed the agreement and I would like to thank all the friends in other telecommunications companies on the great work they have given to make this agreement a reality and we are waiting to see the new submarine cable after two years from now."

The submarine cable is expected to be completed in 2016 and it will connect Hong Kong, Vietnam, Malaysia, Singapore, Thailand, India, Pakistan, Saudi Arabia , Oman, United Arab Emirates , Qatar, Yemen , Djibouti, Egypt , Greece, Italy and France.



distributed by
share with twitter share with LinkedIn share with facebook
All news about ETIHAD ETISALAT COMPANY
2019GLOBAL MARKETS LIVE : BNP, Airbus, Telecom Italia, Volkswagen…
2019Etihad to raise stake in cash-strapped Jet Airways - source
RE
2018ETIHAD ETISALAT COMPANY : Half-year report
CO
2018ETIHAD ETISALAT COMPANY : 1st quarter report
CO
2018ETIHAD ETISALAT : Saudi regulator imposes $83 mln in penalties over Mobily insid..
RE
2017ETIHAD ETISALAT COMPANY : Financial report
CO
2017EXCLUSIVE - APPLE AND AMAZON IN TALK : sources
RE
2017ETIHAD ETISALAT : Free UAE WiFi by Etisalat during Eid Al Adha holidays
PU
2017ETIHAD ETISALAT : Etisalat Wins Enterprise Service Innovation at Global Telecoms..
PU
2017ETIHAD ETISALAT : Etisalat Digital Launches M2M In-vehicle WiFi for Connected Bu..
PU
More news
Financials
Sales 2020 14 403 M 3 841 M 3 841 M
Net income 2020 536 M 143 M 143 M
Net Debt 2020 12 546 M 3 346 M 3 346 M
P/E ratio 2020 38,9x
Yield 2020 -
Capitalization 20 983 M 5 595 M 5 596 M
EV / Sales 2020 2,33x
EV / Sales 2021 2,15x
Nbr of Employees 3 000
Free-Float 65,1%
Chart ETIHAD ETISALAT COMPANY
Duration : Period :
Etihad Etisalat Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ETIHAD ETISALAT COMPANY
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 12
Average target price 25,19 SAR
Last Close Price 27,25 SAR
Spread / Highest target 13,8%
Spread / Average Target -7,58%
Spread / Lowest Target -43,5%
EPS Revisions
Managers
NameTitle
Salman bin Abdulaziz Al-Badran Chief Executive Officer
Sulaiman Abdulrahman Al-Gwaiz Chairman
Khaled bin Abdulrahman Abanami Chief Financial Officer
Alaa bin Abdel Hamid Malki Chief Technology Officer
Serkan Sabri Okandan Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
ETIHAD ETISALAT COMPANY9.00%5 564
SOFTBANK CORP.2.71%65 734
BHARTI AIRTEL LIMITED17.52%40 022
CELLNEX TELECOM41.52%24 438
SAFARICOM PLC-11.59%10 326
TELE2 AB (PUBL)-7.14%10 020