Etisalat, Western Union in money transfer deal
Barcelona, February 19, 2011
Etisalat, UAE’s leading telecom service provider, has signed an agreement with Western Union that will enable Etisalat’s subscribers to send and receive Western Union money transfer transactions using accounts tied to their mobile phones.
The agreement was signed at the recently concluded World Mobile Congress in Barcelona.
Etisalat also signed two agreements with Alcatel-Lucent and Huawei to deploy the Middle East’s first LTE (long term evolution) network.
The advanced LTE technology, which enables download speeds of up to 173 Mbps, can accommodate multimedia applications such as video conferencing, high definition content transmission, high speed video downloads and social networks, giving Etisalat’s customers an unbeatable mobile broadband experience, a statement said.
Jamal Aljarwan, Etisalat’s group chief international investment officer, explained the company’s international expansion plans at the congress. – TradeArabia News Service