PhoneCardSmile.Com Logo
E-mail: Password:
Welcome to
Saudi Arabia Phone Card News, India Phone Card New
Saudi telecom firm launches Indian subsidiary.

Date: 3/27/2008 10:44:26 AM

Bangalore, March 27 (IANS) Saudi Arabia’s telecom major Etihad Etisalat has set up a whollyowned subsidiary in India to outsource IT solutions and consulting services for its operations in the Middle East and North Africa (MENA), the company said here Thursday. “As our first overseas subsidiary, Mobily InfoTech India Ltd will provide IT services and enhance capabilities of Etisalat’s IT division by leveraging the Indian talent pool and domain expertise,” Mobily CEO and managing director Khalid Alkaf said in a statement.

The Saudi firm will invest about Rs.700 million ($17.5 million) over the next three years in the technology development centre in Bangalore. It also plans to have a research and development centre in the near future. The investment in the first year of operations will be Rs.200 million.

“We will have more skilled manpower in our IT division to execute projects for our parent company within the deadlines. By operating in different time zones, we will provide services to Etisalat on 24×7 basis. We will have about 30 percent cost advantage over other players in the telecom segment,” Alkaf averred.

Mobily provides GSM, 3 and 3.5G voice, data, and multimedia streaming services with speeds of up to 7.2 mbps in the desert kingdom.

“Cost benefit is a default factor in setting up the offshore facility. What we need is competitive and knowledgeable people who are close to technology and Bangalore is the best offshore destination,” Alkaf pointed out.

The GSM World Association recently rated Mobily as the leading mobile operator in the MENA region, with the highest number of 3G subscribers in the markets.

The Etihad consortium is led by the UAEbased Etisalat, with 35 percent equity stake, while six other strategic partners hold 45 percent stake collectively. The balance 20 percent is held by the public after the consortium went through an initial public offering (IPO) recently.

Though Etisalat is keen on entering the booming Indian telecom market, nonavailability of spectrum has been cited as a hurdle in applying for a license to the Indian government.

“We are interested in entering India and are monitoring the situation. If the Indian government provides spectrum for overseas firms, we intend to enter the market,” Alkaf noted.

** Check out our: Saudi Arabia Phone Cards
PCS Tags: Phone Card Saudi Arabia, Saudi Arabia Calling Cards, Phone Cards India

** Our Top Selling Calling Card: African Dream Phone Cards  Phone Card News Stats


<-- Back

International Phone Card Search

Calling From United States to:
Phone Card Name (Optional):
Provide Local Access in

Navigation Links:

Live Help!

My Rewards Program

Secured and Verified by:
About SSL Certificates
HACKER SAFE certified sites prevent over 99.9% of hacker crime.
Discover, Master, Visa, American Express
Your current IP is:

Phone Card Rates
Brazil Phone Card, Brazil Calling Card Flag   Brazil 0.2¢ Canada Phone Card, Canada Calling Card Flag   Canada 0.1¢
China Phone Card, China Calling Card Flag   China 0.1¢ Egypt Phone Card, Egypt Calling Card Flag   Egypt 3.1¢
France Phone Card, France Calling Card Flag   France 0.1¢ Germany phone card, Germany calling card flag   Germany 0.1¢
Iraq Phone Card, Iraq Calling Card Flag   Iraq 1.0¢ india phone card, india calling card flag   India 0.1¢
italy phone card, italy calling card flag   Italy 0.1¢ Japan Phone Card, Japan Calling Card Flag   Japan 0.3¢
Korea South Phone Card, Korea South Calling Card Flag   S. Korea 0.1¢ Mexico Phone Card, Mexico Calling Card Flag   Mexico 0.4¢
Nigeria Phone Card, Nigeria Calling Card Flag   Nigeria 2.8¢ Philippines Phone Card, Philippines Calling Card Flag   Philippines 4.6¢
Russia Phone Card, Russia Calling Card Flag   Russia 0.3¢ Taiwan Phone card, Taiwan Calling Card Flag   Taiwan 0.1¢
South Africa Phone Card, South Africa Calling Card Flag   S. Africa 0.9¢ USA Phone card, USA Calling Card Flag   USA 0.3¢
UK Phone Card, United Kingdom Calling Card Flag   UK 0.1¢ USA Phone card, USA Calling Card Flag   Vietnam 0.8¢
Phone Card News

More News...