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Etisalat tops telco asset figures
- United Arab Emirates: Tuesday, October 13 - 2009 at 12:07
According to a report on the Gulfs telecom sector, Etisalat has the largest headroom for corporate action in the region, with $16.4bn (Dhs60bn) in the bank, followed by STC with $8.8bn and Qtel with $1.1bn, MAC Capital has reported. Etisalat reported a positive net cash position of Dhs10.6bn at the end of H1 2009, the group said.
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StaffTuesday, October 13 - 2009 at 12:07 UAE local time (GMT+4)
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