United Arab Emirates company Etisalat began operating in
Afghanistan on Wednesday becoming the fifth mobile phone service provider and one of the biggest foreign investors.
With an investment of $300 million, Etisalat’s mobile phone network will initially cover Afghanistan’s main cities. Etisalat, the third-largest Arab telecom firm by market value, joins four other telecommunication companies operating in the country.
These companies have invested some $800 million in the Afghan telecoms sector and the government has earned $100 million from them in the past year in tax and from issuing licences. Read more.