Etisalat is the leading telecommunication company of United Arab Emirates (UAE). It is one of the biggest telecom companies in Arab world. It has total market dominance in UAE, which is one of the richest countries in the world. Now, Etisalat is trying to expand its business. We have seen reports that it is trying to enter in the Bangladeshi market. Now, it is seen that it is seriously considering to enter into Indian market. India has the fastest growing mobile phone market in the world now. Etisalat is keen to enter into this market. They are ready to pay even a heavy price for getting a license.
There is report that Etisalat is ready to pay even $4 billion to get a license in India. This shows that India has a very attractive market for mobile phone companies. Other mobile phone companies should learn from this matter and they should seriously try to enter the Indian market. India has a very strong and growing economy at this moment and this is the best time to enter into Indian market.
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