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Etisalat and Huawei Deepen Partnership
DUBAI — Huawei Technologies Co Ltd, or Huawei, on Wednesday announced that it has signed a Global Framework Agreement (GFA) and Financing Memorandum of Understanding with Etisalat to further support its business expansion.
Mohamed Omran, Chairman of Etisalat, and Madam Sun Yafang, Chairperson of Huawei attended the signing ceremony at the Etisalat-Huawei Summit in Abu Dhabi.
Under this Financing MoU, as the strategic partner, Huawei will provide the optimal financing solution to Etisalat. The GFA will help Etisalat and Huawei improve their business efficiency. Both the Financing MoU and GFA will further support Etisalat’s expansion in the future.
Furthermore, Etisalat and Huawei will jointly establish an Application Innovation Center (AIC), aims to increase the operator’s competitiveness and sustain its business growth by introducing more customised solutions and applications.
“The agreement will further strengthen our valued relationship with Huawei,” said Omran, Chairman of Etisalat. “With the on-going strategic partnership, we will be able to provide more differentiated service offerings to the subscribers across our geographical reach,” he added.
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