Etisalat and Telefónica announced a strategic partnership covering a range of areas, including collaboration on technological standardization, new global technology initiatives, R&D, and new emerging products and services designed to capture the digital growth opportunities such as M2M, financial services or cloud-based services.
Additionally and taking advantage of the benefits of the Telefónica Partners Program, both companies have also agreed to jointly work on procurement, international capacity and wholesale services as well as offering enhanced support for multinational customers of each operator.
The two Groups do not compete in any of their operational markets. The Etisalat Group is 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.
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- Telefónica also has a strategic partnership, and financial investment, with China Unicom.
- In April 2011, Deutsche Telekom AG and France Telecom-Orange outlined details of their 50-50 joint venture company aimed at generating significant cost-savings through common purchases of network infrastructure equipment. The companies estimate cost savings of 400-900 million Euros after three years of joint purchases.
