Latin and UAE Telecoms Launch Strategic Initiative

Telecom giants Etisalat and Telefonica announced that they have initiated a strategic partnership agreement through which they will collaborate on new global projects, emerging products and services relating to finance products and cloud-based services.  The agreement will enable both companies to strengthen their respective positions internationally, especially since they do not compete for the same markets. Etisalat is represented in 18 countries in the Middle East, Africa and Asia. Telefonica is established in 25 markets in Europe and Latin America.

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