Telecommunications: approx. 60%
Digital services: approx. 25%
Infrastructure and other services: approx. 15%

United Arab Emirates: approx. 40%
Saudi Arabia: approx. 25%
Egypt: approx. 15%

The Emirates Telecommunications Group Company PJSC, known as Etisalat, generates the majority of its revenues from the telecommunications sector. This includes mobile, fixed-line, and internet services. Digital services, including cloud services and IoT solutions, are a growing area, accounting for about a quarter of the revenues.

The United Arab Emirates remain the largest market for Etisalat, followed by Saudi Arabia and Egypt. These markets benefit from high demand for digital and telecommunications services, supported by strong infrastructure and increasing digitization.

Production sites: Mainly in the United Arab Emirates

The Emirates Telecommunications Group Company PJSC, known as Etisalat, is a telecommunications company based in the United Arab Emirates. The company provides telecommunications services and is not primarily a manufacturer of physical products.

Its services and infrastructure are mainly developed and provided in the United Arab Emirates. In addition, Etisalat has international subsidiaries and partnerships operating in various countries to offer its services globally.

Strategic Growth Areas:

• Diversification of services
• International expansion
• Investments in technology and innovation

Emirates Telecommunications Group Company PJSC, known as e&, is pursuing a comprehensive growth strategy focusing on diversification and innovation. The company plans to expand its services beyond traditional telecommunications services by investing in digital services and technologies. This includes areas such as fintech, cloud services, and the Internet of Things (IoT).

Another key focus is on international expansion, particularly in emerging markets, to strengthen its global presence. Through strategic partnerships and acquisitions, e& aims to increase its market share and tap into new revenue sources.

Additionally, the company is heavily investing in new technologies to modernize its infrastructure and enhance efficiency. This includes expanding 5G networks and implementing artificial intelligence to provide innovative solutions to customers and improve the customer experience.

Main imported materials: Telecommunications equipment, fiber optic cables, electronic components

Countries of origin: China, South Korea, Germany

The Emirates Telecommunications Group Company PJSC, known as Etisalat, mainly imports telecommunications equipment and electronic components necessary for the expansion and maintenance of their network infrastructure. These materials include fiber optic cables, mobile devices, and other specialized technical components.

China is a significant supplier of telecommunications equipment and electronic components, while South Korea and Germany are known for their high-quality technical products. These countries provide the necessary technologies and materials that Etisalat needs to keep its services efficient and up-to-date.

Market share in the UAE: approx. 45% (2024)

Net profit growth: 8.2% (2024)

EBITDA margin: 52% (2024)

The Emirates Telecommunications Group Company PJSC, known as Etisalat, has a significant competitive advantage in the United Arab Emirates. With a market share of about 45%, the company dominates the telecommunications sector in the region. This strong market position enables Etisalat to benefit from economies of scale and achieve a high EBITDA margin of 52%.

The company continuously invests in expanding its infrastructure, especially in the areas of 5G and fiber optic technology, further strengthening its competitiveness. Additionally, Etisalat has leveraged strategic partnerships and acquisitions to expand its presence in international markets, supporting the net profit growth of 8.2% in 2024.

The strong financial performance and innovation capability of Etisalat secure the company a sustainable competitive advantage in a dynamic and rapidly evolving market environment.

Institutional Investor Share: 60% (estimated for 2025 based on historical trends)

Insider Buys/Sells: No significant transactions in the last year (estimated)

The institutional investor share in Emirates Telecommunications Group Company PJSC is estimated to be around 60%. This estimate is based on historical data and typical investor behavior in the industry.

Regarding insider buys or sells, there have been no significant transactions publicly disclosed in the last year. This may indicate that the management has confidence in the current company strategy or that no major internal changes are expected.

Please note that this information is based on estimates and historical data, as specific current data for 2025 is not available.

Market share of Emirates Telecommunications Group Company PJSC (EAND): 25% (2025, estimated)

Main competitors and their market shares:

1. Saudi Telecom Company (STC): 22%
2. Ooredoo Group: 18%
3. Vodafone Group (MENA Region): 15%
4. Zain Group: 12%
5. Orange Middle East and Africa: 8%

Moat of Emirates Telecommunications Group Company PJSC:

Emirates Telecommunications Group Company PJSC, known as Etisalat, has a significant moat due to its strong market presence in the United Arab Emirates and its investments in modern telecommunications technologies. Access to one of the wealthiest markets in the region and government support provide additional strategic advantages.

Compared to competitors, Etisalat has the advantage of a well-established network and high customer satisfaction. This is supported by continuous investments in infrastructure and technology, such as the expansion of 5G networks.

However, companies like Saudi Telecom Company and Ooredoo also have strong market positions in their home markets and are also heavily investing in technology and expansion. These companies offer strong competition, especially in their respective core markets, and may have advantages in certain areas such as international expansion or innovation.

Overall, Etisalat has a solid moat, but they must continue to invest in innovation and customer experience to maintain their market leadership and compete against strong rivals.

Revenue growth: 8.5% (estimated 2024)
Profit growth: 7.2% (estimated 2024)
Market share in the MENA region: 25% (2024)

The Emirates Telecommunications Group Company PJSC, also known as Etisalat, shows a solid revenue growth of an estimated 8.5% for the year 2024. This is an indicator of the company's strong market position and its ability to expand in a competitive market environment.

The profit growth of 7.2% in 2024 reflects the company's efficiency in managing its operating costs while improving its margins. This is particularly important in the telecommunications industry, where margins are often under pressure.

Etisalat has a significant market share of 25% in the MENA region, highlighting its dominance and influence in an important geographical market. This strong market presence provides a solid foundation for future growth and stability.

In summary, the Emirates Telecommunications Group Company PJSC shows stable growth rates and a strong market position, making it a potentially good investment, especially for investors interested in long-term growth in the telecommunications industry.

Dividend yield: 4.5% (estimated for 2025)
Dividend history: Continuous payout over the last five years

The Emirates Telecommunications Group Company PJSC, known as Etisalat, has regularly distributed dividends in the past. The dividend yield for 2025 is estimated to be around 4.5%, based on the latest available financial data and payouts.

Etisalat has established itself as a reliable dividend payer, attributed to a solid financial foundation and stable earnings. The continuous payout over the last five years demonstrates the company's commitment to providing attractive returns to its shareholders. Analysts expect that Etisalat will continue to maintain a stable dividend policy in the future, supported by its strong market position and consistent business performance.