No impact on Huawei's ban on our fifth-generation networks

Dubai: Hamdi Saad

Emirates Integrated Telecommunications Company aims to achieve financial savings of approximately AED 1 billion next year as part of its ongoing plan to improve operational efficiencies without compromising the functional staff needed to continue future growth , particularly with regard to digital transformation in the United Arab Emirates. And go to fifth generation networks.
Othman Sultan, general manager of the company, said at a press conference yesterday morning, on the occasion of the announcement of the results of the second quarter of this year, that the plan of the operational efficiency developed for three years and ending in 2020 providing for the provision of about one billion dirhams per year will continue after 2020, stressing that the plan he described as an "operational efficiency mentality" is continues and will not stop, pointing out that this plan is not one of its objectives to remove jobs.
Sultan pointed out that the company's employees did not lay off 477 new executives last year, compared to 318 executives mostly from their own initiative, stressing that any investment sector is undergoing a digital transformation. . Transition to new expertise and skills, especially in the areas of artificial intelligence, robotics, "Internet objects", data protection and management, as well as other disciplines emerging from the technological boom.
Sultan revealed that the company had disbursed 1.041 billion dirhams for the first half of 2019 under the concession system applied to telecom operators in the country, approved between 2017 and 2021, or 15% of total revenues and 30% benefits. On points subject to this system, highlighting the lack of consultations between the company and the Ministry of Finance to review the concession. He said that the company's investment plan for 2019, which ranges from 1.6 to 1.8 billion dirhams, focused on several areas: the rehabilitation of existing networks linked to the fixed and mobile network, including including "fifth generation" stations, and aimed to continue funding the transition to the grid. New technologies and data centers, with the aim of providing new solutions and services to institutions, businesses and individuals that address the challenges facing the telecommunication sector at the regional and global level during the current period.
Sultan pointed out that the company reserves the right to allocate funds in order to maintain a competitive space with respect to the other operator, with regard to the expenses relating to the activities of the company related to its second brand in the United Arab Emirates, Virgin Mobile and the Smart City structure. Transforming the knowledge economy by providing a sophisticated and efficient infrastructure that meets the needs of this development.
In response to the number of prepaid mobile subscribers lost by the company during the first half of this year, Sultan explained that the "digital identity" campaign, which requires the process of updating the 39, identity of UAE, is a continuous process. As a result, the number of subscribers who update their data will change constantly. The prepaid mobile handset segment is an exceptional circumstance that is not unique to the company. He pointed out that the company will continue to create new services for the corporate and business sectors to offset lower revenues in this area.