RIYADH: UAE’s telecom giant e& has announced that it seeks international expansion as well as growth across all business segments, the National News reported.
The telecom operator plans to do this by pursuing regional growth opportunities as well as tapping into markets beyond telecom.
As part of its transformational journey, the company has outlined four main business pillars which it will tackle, the National News reported, citing the firm.
E&’s “telecom arm” will maintain its rebranding in the UAE and internationally. It plans to maintain its existing operational performance in the telecom market while expanding into new ones.
Division e& life will work on providing next generation technologies and experiences through smart connectivity platforms across the retail, finance, and entertainment industries.
Division e& enterprise will propel the digital digitalization of governments, corporates, and large businesses.
Division e& capital will mainly focus on acquisitions and mergers that could potentially capture high returns. This falls in line with the firm’s goal to invest in “ideas that make the future”.
