Annual Report 2010
Information & Communications Technology
Yahsat, the Abu Dhabi-based satellite operator, is scheduled to launch the Yah1A satellite* in the second quarter of 2011, followed by Yah1B in the second half of the year. Signed commercial contracts are running ahead of budget and include a five-year operations and maintenance deal with the UAE Armed Forces.
Injazat, the third largest IT services provider in the UAE, won the ‘Best Data Centre’ award in 2010 as well as achieving ISO 20000 and ISO 27001 certification.
Etisalat Nigeria (EMTS), Nigeria’s fourth licensed mobile operator, saw its subscriber base double during 2010 to reach almost seven million, positioning the company fourth in terms of market share and gaining ground on its competitors. The company also acquired a 3G license during the year, continued with network expansion through 1,500 sites, and was rated ‘Best in Quality’ by the Nigerian telecoms regulator.
du, the second integrated operator in the UAE, reached more than four million subscribers, representing a 39 percent market share. du was able to raise AED 1 billion in equity. Its revenues and net income (mainly mobile operations) consistently meet or exceed shareholders’ expectations.
Prodea, a Texas-based start-up offering home convergent solutions in multimedia, fixed telephony, and data, announced the launch of ‘nxt’ in the UAE – a suite of digital services designed to enhance daily life. Prodea is collaborating in Egypt with ERTU (Egyptian Radio and Television Union).
Mubadala Information & Communications Technology will continue to expand, develop, and integrate sustainable opportunities in telecom services, satellite services (traditional telecom/broadcasting satellites and geospatial intelligent satellites), IT services, and technology venture capital in selected geographic areas during the coming year.
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