Mohammed Omran, Etisalat
Company Description: Servicing over 135 million customers in 18 countries Etisalat continues to reach out to new customers and markets. Its stellar performance has won Etisalat recognition as ‘Best Operator’ ten times since 2006 and ‘Best Wholesale Provider’ four times in the last three years.
Nomination Category: Management Categories
Nomination Sub Category: Chairman of the Year
Nomination Title: Mohammed Omran, A Lifetime of Achievements
Tell the story about what this nominee achieved (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:
Snapshot of Achievements in 2010
•Aggregate subscribers grew annually by 24% to reach 135million
•Revenues increased 2% to reach AED 31.9bn (USD 8.7bn)
•Customer base amongst operators Etisalat has management control (14 companies) increases 30%
•Revenues from these companies increases 46% year on year
•International revenues make up 23% of top-line results for Etisalat Group, up from 16%
•Invested nearly Dhs 6bn (USD 1.6bn) in capital spending
•Over USD 200m invested in international expansion in Africa
•Maintains A+, AA-, AA3 ratings – the best of any operator outside of East Asia
Personal achievements in 2010
•International Business Awards Chairman of the Year
•World Communications Awards Chairman of the Year
•Middle East Business Leaders Awards – Lifetime Achievement Award
•Addresses GSMA World Summit 2010 in Barcelona
•Addresses Forbes CEO Conference in Sydney
•Ranked 131 in Arabian Business Power 500 list of world’s most influential Arabs
Mohammed Omran leads Etisalat, which is now one of the largest telecommunications companies in the world with a market value of approximately$23 billion. Mr. Omran has worked for Etisalat over three decades and served in many different positions until he became the Chairman of Etisalat in 2005. From his current position he has overseen many of the company’s major achievements and today is considered one of the key decision makers in the telecommunications sector in the region. In 2010, Arabian Business named Omran in its Power 500 list of the ‘Most Influential Arabs in the Arab World’ and he is the only representative from the regional telecom sector to maintain their presence in the list in 2010.
Omran joined Etisalat in 1977, one year after of its inception. In 1982 he was promoted to Area Manager in Ras Al Khaimah, and then appointed as Deputy General Manager of Etisalat in 1984. He held several managerial positions after this until he became the CEO of Etisalat in 2004. Under Omran’s leadership Etisalat has accomplished a great deal in terms of financial and operational issues, in addition to its international expansion. Revenues increased at a compound annual growth rate of 24% between 2005 and 2010 to reach AED 31.9 billion.
Omran led Etisalat into new markets through a set of expansions and global investments in Asia and Africa. Because of this, Etisalat is now rated among the list of largest international telecommunication operators. Many of Etisalat’s international expansions became models for hard work and success - most notably the Saudi and Egyptian markets. Through Omran’s strategy which is based on deploying international best practise, thorough market analysis and selecting opportunities based on stringent criteria, the number of Etisalat’s customers increased from only 4 million in 2004 to 135 million customers in first Quarter 2011 across 18 markets in Asia, Africa and the Middle East. This means that the number has increased 2,500% in this period - an unprecedented achievement on the international level. Etisalat operations now cover 2 billion people compared to only 5 million in 2004.
List hyperlinks to any online news stories, press releases, video clips, work samples, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, [http://www.youraddress.com]:
•Mohammed Omran is the world’s 131st most influential Arab
•Etisalat named Best Operator in Middle East http://www.etisalat.ae/
Provide a brief (up to 100 words) biography about this nominee:
Omran is one of the most important personalities in the telecommunication sector across Asia, Africa and the Middle East. He has received numerous personal recognitions including national, regional and international awards. Since 2007, Omran became the Chairman of Thuraya, the UAE-based satellite mobile telephone operator which covers two thirds of the world. Mr. Omran received an Engineering Degree in Electronics and Communications from Cairo University, Egypt, in June 1977.