Emirates Telecommunications Group (e&), a major telecommunications company headquartered in the United Arab Emirates, announced a significant investment aimed at bridging the digital divide across 16 countries. The company pledged $6 billion over the next two years to advance technological advancements, infrastructure development, and innovative digital solutions in Africa, Asia, and the Middle East.
This initiative, announced at the Mobile World Congress 2024, underscores e&'s commitment to expanding access to reliable and affordable internet connectivity in underserved regions. The investment will focus on 16 markets where e& operates, including the UAE, Saudi Arabia, Pakistan, Egypt, and several African nations.
"With these investments, we can better serve customers and allow them to engage in more economic activities," said Hatem Dowidar, Group CEO of e&. He further emphasized the company's aim to "drive economic growth, innovation, and infrastructure development, significantly reducing inequalities and empowering communities to thrive in a more inclusive and connected digital world."
The $6 billion investment is expected to not only improve communication infrastructure but also facilitate the widespread adoption of essential digital services. This includes mobile financial solutions, telehealth services, and educational resources in areas that currently lack adequate access.
e&'s commitment aligns with the broader global effort to bridge the digital divide. The International Telecommunication Union (ITU) estimates that over 2.9 billion people remain unconnected to the internet, hindering their access to essential services, education, and economic opportunities.
This initiative by e& is expected to contribute significantly to addressing this challenge in the targeted regions. By improving communication infrastructure and promoting digital inclusion, e&'s investment has the potential to empower individuals, communities, and economies across 16 countries.