e&

Abu Dhabi-based telecoms and digital services group founded in 1976 and listed on the Abu Dhabi Securities Exchange. It traded as e& from 2022 and returned to the etisalat name in October 2026. FY2025 revenue was AED 72.9 billion.

Industry: Telecommunications and digital services | Location: Abu Dhabi, United Arab Emirates | Founded: 1976

About e&

Emirates Telecommunications Group Company PJSC, known as Etisalat Group, is a telecoms and technology group headquartered in Abu Dhabi, United Arab Emirates, and listed on the Abu Dhabi Securities Exchange. It says it operates in 38 countries across the Middle East, Asia, Africa and central and eastern Europe.

The company was founded in 1976 as the Emirates telephone company. It traded as e& from 2022, when its ticker changed from ETISALAT to EAND, and on 6 October 2026 it unveiled its 50th anniversary identity, saying etisalat is the name it will take forward. Masood Mohamed Sharif, chief executive of the UAE business since 2021, became Group CEO on 1 April 2026, succeeding Hatem Dowidar. Jassem Mohamed Obaid Bu Ataba Alzaabi chairs the board.

International operations include Maroc Telecom Group, e& PPF Telecom, e& Egypt, PTCL Group in Pakistan and Etisalat Afghanistan. Products include the e& money digital wallet in the UAE and the UAE Sovereign Launchpad, a cloud offering for government agencies and regulated customers that the group provides with Amazon Web Services.

In December 2025 PTCL, in which the group has 23.4 percent effective economic ownership, completed its acquisition of Telenor Pakistan. In April 2026 O2 Slovakia, part of e& PPF Telecom, completed the EUR 95 million acquisition of UPC Slovakia from Liberty Global. On 12 August 2026 the group announced that its Public Telecommunications License had been renewed by the UAE telecoms regulator for 20 years, to 8 August 2046.

For 2025 the group reported revenue of AED 72.9 billion, up 23.1 percent, EBITDA of AED 32.0 billion and net profit of AED 14.4 billion after federal royalty and corporate tax. In July 2026 it completed the sale of its roughly 16.2 percent stake in Vodafone Group to Vega for about US$5.95 billion, and sold 12.5 percent of Careem Technologies to Uber for US$100 million, leaving it with 37.53 percent.

For the second quarter of 2026 it reported revenue of AED 19.2 billion, up 8.7 percent, EBITDA of AED 9.0 billion, net profit of AED 3.1 billion and an aggregate subscriber base of 251.5 million.

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