Under this Financing MoU, as the strategic partner, Huawei will provide the optimal financing solution to Etisalat. The GFA will help Etisalat and Huawei improve their business efficiency. Both the Financing MoU and GFA will further support Etisalat’s expansion in the future.Furthermore, Etisalat and Huawei will jointly establish an Application Innovation Center (AIC), aims to increase the operator’s competitiveness and sustain its business growth by introducing more customized solutions and applications.
“The agreement will further strengthen our valued relationship with Huawei,” said Mr. Omran, Chairman of Etisalat. “With the on-going strategic partnership, we will be able to provide more differentiated service offerings to the subscribers across our geographical reach.” 

“As the global economic downturn intensifies, both Etisalat and Huawei will jointly overcome these challenges through our partnership that has been established based on mutual trust and a win-win strategy. We are dedicated to addressing market needs in the most beneficial way to both parties and the whole society,” said Madam Sun Yafang, Chairperson of Huawei.

Following the strategic partnership agreement signed in May, 2008, Etisalat and Huawei held the first Etisalat-Huawei Summit this year to review the partnership and explore more areas for co-operation.

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MBC Group and Etisalat today announced that over 8mn videos have been viewed through “internet TV” platform on MBC’s Shahed Online offering since its launch in Ramadan 2008.

According to Etisalat’s analysis, over 3 million visitors, of whom 65% are from the Middle East, have viewed 8 million videos on the Etisalat powered Web site www.mbc.net/shahid. This has created a valuable new proposition for MBC’s advertising partners who have enjoyed over 5mn, 5-second pre-roll ads and hundreds of thousands of post-roll ads. 

Dr. Ammar Bakkar, Group Director of New Media at mbc group said: “Internet TV is a next-generation distribution channel which has the capability to deliver both a verifiable and global reach. Our ‘Shahed Online’ service is a success story which we can share with our advertising partners and provide a new and efficient way of implementing their media strategy. These results clearly show that Internet TV is a channel that has the power and ability to attract customers and build brand value.” 

Etisalat and MBC launched “Internet TV” on September 10, 2008 with MBC’s top 9 programmes available for free, on demand. Today there are over 34 shows available online, including entertainment, religious and drama series. 

“Internet TV will change the way broadcasters showcase content and customers access television entertainment. This initiative has shown the potential for Internet TV and provided verifiable and immediate results to MBC’s advertising partners,” Essa Al Haddad, Chief Marketing Officer at Etisalat said.  

“Over the last 30 years Etisalat has invested widely in intercontinental submarine cables and has developed into the regional hub for content and connectivity. This makes Etisalat the premier choice for TV companies and other content providers to develop Internet delivery channels,” Etisalat’s Chief Marketing Officer added.

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