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The future of Mideast telecoms.
(From Arabies Trends)
Byline: RICHARD DEAN DUBAI
For years, the UAE steadfastly defended Etisalat, the country's monopoly telecom provider. The 60 percent state-owned company generated windfall revenues for the government - revenues that ministers were understandably reluctant to give up. So while Middle East neighbors such as Kuwait, Saudi Arabia and Lebanon liberalized their telecom sectors, the UAE remained a closed shop. The country may have been an economic pioneer in terms of diversification and non-oil growth but, in this key sector, it was a laggard.
Today, all that has begun to change. In April, the government announced that it would ...
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