e&
Growth Score40DXBi Rank35Heat Score100Emirates Telecommunications Group Company PJSC
UAE-headquartered global telecom and technology group, formerly Etisalat.
Media
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Overview
Growth Score
Steady
Heat Score
Trending up
Details
- Also Known As
- e&, Etisalat
- Operating Status
- Active
- Company Type
- Public
- Funding Stage
- Public
- Headquarters
- Abu Dhabi, UAE
- Founded
- 1976
- Company Size
- 1000+ employees
- Revenue
- AED 72.9 billion annual revenue (2025)
- Website
- eand.com
Stock listing
ADX: EAND
Products & Services
e& UAE
Core domestic telecommunications operator (mobile, fixed, broadband) in the UAE.
e& life
Consumer digital lifestyle apps and products brand.
e& international
Group's international telecom operations across 15+ countries (Egypt, Pakistan, Morocco, Saudi Arabia via Mobily, etc.).
e& enterprise
B2B and government digital transformation, cloud and IT services arm (1,800+ tech professionals across UAE, KSA, Oman).
e& capital
Group's ~USD 500M venture capital/investment arm backing MENA-linked tech startups (portfolio incl. Airalo, Qlub, Breadfast, Derq).
OneCloud (powered by Oracle Alloy)
UAE-sovereign hyperscale cloud platform offering 200+ Oracle Cloud Infrastructure IaaS/PaaS/SaaS and AI/GenAI services from local data centres; launching early 2026.
Imagine&
Generative AI image-creation tool designed to authentically depict Emirati culture, launched at GITEX Global 2025.
NetSecure360 (NetAssess360 + Manage360)
SMB-focused network security assessment and 24/7 managed IT support platform launched August 2026.
GlassHouse
Istanbul-based managed cloud, sovereign cloud and SAP infrastructure/business-continuity provider acquired by e& enterprise in 2024.
People
Technology
Tech stack
Financials
Public
Funding stage
ADX: EAND
Stock
Funding rounds
Projects
e& and IBM unveil enterprise-grade agentic AI for governance and compliance
Announced at WEF Davos, e& and IBM unveiled an enterprise-grade agentic AI solution built on IBM watsonx Orchestrate (500+ tools) integrated with IBM OpenPages, aimed at governance, compliance and audit operations; joint proof-of-concept completed in eight weeks.
Jan 19, 2026
e& announces USD 5.95 billion sale of Vodafone investment
e& agreed to sell its entire 16.21% stake (3,944,743,685 shares) in Vodafone Group PLC to Vega, an acquisition vehicle owned by the Niel family group, at 112.5 GBp/share, generating ~USD 5.95bn (AED 21.8bn) gross cash proceeds.
$6.0B
Jul 10, 2026
e& sells 40% Khazna Data Centers stake to G42, Silver Lake and MGX
e& divested its 40% stake in Khazna Data Center Holdings for AED 8 billion (~USD 2.2bn), generating an estimated USD 1.4bn pre-tax capital gain. G42 retains 60% with new minority investors Silver Lake and MGX; e& remains a strategic partner and major tenant.
$2.2B
Feb 26, 2025
e& enterprise acquires Turkish cloud provider GlassHouse
e&, via its e& enterprise arm, acquired Istanbul-based cloud/managed-services and business continuity provider GlassHouse (serving ~2,000 businesses incl. 9 of Turkey's top 10 banks) for USD 60 million, marking e&'s entry into Turkey, Qatar and South Africa.
$60M
Jun 26, 2024
e& sells 12.5% stake in Careem Technologies
e& agreed to sell a 12.5% stake in Dubai-based Careem Technologies for roughly USD 100 million (AED 367 million), a partial divestment following its 2023 acquisition of a controlling Careem stake.
$100M
Jun 1, 2026
e& enterprise and Oracle to launch OneCloud powered by Oracle Alloy
e& enterprise partnered with Oracle to launch OneCloud, a UAE-sovereign hyperscale cloud platform delivering 200+ Oracle Cloud Infrastructure IaaS/PaaS/SaaS and AI/GenAI services from local UAE data centres for regulated and government customers; platform targeted for early-2026 launch.
Sep 24, 2025
GlassHouse: Acquisition
Acquisition involving GlassHouse (Cloud Services / Telecom).
Jan 1, 2026
Ufone 5G Spectrum: Spectrum Acquisition
Spectrum Acquisition involving Ufone 5G Spectrum (Telecommunications).
Jan 1, 2026
e& PPF Telecom's O2 Slovakia to acquire UPC Broadband Slovakia
O2 Slovakia, owned by e& PPF Telecom Group, signed a binding agreement to acquire 100% of UPC Broadband Slovakia from Liberty Global.
$111M
Dec 18, 2025
e& completes Ufone 5G spectrum acquisition in Pakistan
e&, via Pak Telecom Mobile Ltd (Ufone), completed a 5G spectrum acquisition from the Pakistan Telecommunications Authority.
Mar 1, 2026
e& enterprise signs binding agreement to acquire GlassHouse
e& enterprise (Etisalat Group) signed a binding agreement to acquire Turkish cloud services provider GlassHouse from Mediterra Capital.
$60M
May 1, 2026
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Press & Announcements
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