Etisalat and Huawei forge agreement backed by Export-Import Bank of China

Etisalat has signed an agreement with Huawei and the Export-Import Bank of China encompassing Etisalat’s entire footprint in 18 countries.

Under the terms of the agreement, Huawei and Etisalat will work together, while the China EXIM Bank will extend finance support to the cooperation of the two companies.

The MoU was signed by Nasser bin Obood, Etisalat acting CEO; Yuan Xingyong, assistant president China EXIM Bank; and Ji Ping, the executive VP of Huawei.

Bin Obood said that through this agreement, Etisalat and Huawei will share the latest best practice covering telecommunication industry trends, including intelligent management of networks, cloud computing and applications.

“In the past eight years, the cooperation between Etisalat and Huawei has witnessed significant growth and success. From the first 3G network deployed in MENA in 2003, Etisalat and Huawei have since moved on to collaborate on a global perspective by cooperating to build and expand Etisalat’s networks in Saudi Arabia, Pakistan, Egypt, Tanzania, Nigeria, Afghanistan,” he added.