Telefonica, Etisalat sign partnership, enter M2M, Cloud industry

Last Thursday telecom operators Etisalat (Abu Dhabi, UAE) and Telefonica (Madrid, Spain) announced that they have signed a Strategic Partnership Agreement to enter into a broad-based cooperation. The partnership will allow both companies to collaborate on a range of strategic areas, including the M2M and Cloud-based industries, according to Telefonica.

Under the terms of the agreement, the companies will collaborate on technological standardization, global technology initiatives, research and development, and new emerging products and services such as M2M, financial services or cloud-based services.

Telefonica says that both companies have also agreed to jointly work on procurement, international capacity and wholesale services, as well as offer enhanced support for multinational customers of each operator.

The Partnership Agreement, which is effective immediately, will enable both companies to improve efficiency, drive innovation and generate savings, according to Telefonica. The agreement aims to reinforce each company in their markets, and provide a basis to compete globally in the changing telecommunications industry.

The two companies do not compete in any of their operational markets and these benefits will be offered to most of their subsidiaries and associates over the course of the agreement, said Telefonica. The Etisalat Group is today represented in 18 countries in Africa, Asia and the Middle East, whilst Telefónica’s footprint has been established in 25 markets in Europe and Latin America.


Featured Reports

Current State of Fifth Generation (5G) Cellular and 5G Technologies

This research provides an in-depth assessment of both technical issues (enabling technologies, 5G standardization and research initiatives, spectrum bands, etc.) and business areas (market drivers, challenges, use cases, vertical market applications, regulatory issues, trial commitments, introduction strategies, and impact to CSPs), as well as analysis of the emerging 5G ecosystem.

Click to learn more

Understanding and Capitalizing on Mobile Payment Systems

Mobile payments is rapidly expanding with solutions, applications, and services. Mobile payments systems include technologies and solutions that deliver electronic commerce features directly across mobile-wireless devices. This report provides an understanding of mobile payments technologies, systems, major players and solutions, and an overall forecast for mobile payments for five years.

Click to learn more

More Featured Research

Access the exclusive new series of market research reports brought to you through the partnership of Mind Commerce research and

See all reports