The UAE's Etisalat plans to invest $100 million in Afghanistan between 2011 and 2012 and seeks to launch third-generation telecoms services this year, a top executive said on Sunday.
Etisalat Afghanistan's Chief Executive Saeed al Hamli said the company expects subscribers in the troubled country to more than double within two to three years and push market share to between 30 to 35 percent.
"Our budget is $100 million dollars for 2011 to 2012," al Hamli told reporters at the telco's Abu Dhabi headquarters. "We expect our subscribers to reach 6 to 6.6 million in two to three years."
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