Etisalat users will now be able to access high-speed Internet at their homes following 5G roll-out. Sarah Dea / The National
Etisalat users will now be able to access high-speed Internet at their homes following 5G roll-out. Sarah Dea / The National
Etisalat users will now be able to access high-speed Internet at their homes following 5G roll-out. Sarah Dea / The National
Etisalat users will now be able to access high-speed Internet at their homes following 5G roll-out. Sarah Dea / The National

Etisalat rolls out 5G for UAE home users as TRA allocates new frequency band


Mary Sophia
  • English
  • Arabic

Etisalat, the UAE’s biggest telecoms operator, is rolling out 5G services on fixed-line networks while the Telecommunications Regulatory Authority said in a separate statement that it is allocating a new frequency band to expand the scope of 5G application.

Frequencies in the millimetre wave range between 24.25 - 27.5 gigahertz have been allocated to further develop 5G networks in the country, the TRA said on Tuesday. The move is expected to help the UAE deploy applications such as self-driving cars, robots, smart industry, big data and the Internet of Things.

A 5G network promises internet speed of up to 1.2 gigabits per second, which will gradually evolve to reach 10Gbps – more than 100 times faster than 4G. 5G is expected to yield high returns for investors. Total revenue from the deployment of 5G infrastructure will reach $4.2 billion (Dh15.43bn) globally in 2020, almost a 90 per cent rise from last year’s estimated figure of $2.2bn, according to US researcher Gartner.

“5G technologies play a vital role in developing smart cities and societies, as they accelerate access to a more digitally connected world," said Hamad Obaid Al Mansoori, TRA's director general.

"These technologies have enormous capacity that can be combined with other technologies such as artificial intelligence and big data, in order to enhance the digitalisation process and enrich the digital economy and infrastructure in the UAE."

The band will be allocated in two phases based on the equipment availability, the regulator said. The first phase started on September 1 this year while the second phase will start in the third quarter of 2021.

The new bandwidth will help telecoms operators significantly improve speed and data volume on wireless broadband services.

"It will also provide other additional features such as higher rates to transfer data per second and enhanced communications capacity per square kilometre," the TRA said. The bandwidth will also ensure the quality of services and increase performance efficiency compared to previous generations, it said.

Meanwhile, Etisalat's move to extend the scope of 5G comes amid increased usage of fixed-line networks as the work from home trend in the UAE gains traction.

Extending 5G to home users will allow them to "stream high bandwidth 4K videos, enjoy cloud-based gaming and low latency to meet the accelerated need for immersive technologies such as augmented and virtual reality during the pandemic", Etisalat said in a separate statement.

5G technologies play a vital role in developing smart cities and societies

"Today’s announcement is significant as it lays a foundation for 5G use cases to bringing futuristic technologies and solutions in a mature 5G ecosystem," said Saeed Al Zarouni, senior vice president, Mobile Network, Etisalat.

"This is only the beginning of the next evolution of fixed wireless technologies ... for UAE residents and businesses.”

Last year, Etisalat became the first service provider in the region to offer a 5G network, supporting smartphones for commercial use. It was soon followed by the country's second telecoms operator Emirates Integrated Telecommunications Company (du), and Bahrain's Batelco.

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GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

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Price: From Dh149,900

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Result: Australia win by an innings and five runs

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Name: Hassan Mohsen Elhais

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The bio:

Favourite film:

Declan: It was The Commitments but now it’s Bohemian Rhapsody.

Heidi: The Long Kiss Goodnight.

Favourite holiday destination:

Declan: Las Vegas but I also love getting home to Ireland and seeing everyone back home.

Heidi: Australia but my dream destination would be to go to Cuba.

Favourite pastime:

Declan: I love brunching and socializing. Just basically having the craic.

Heidi: Paddleboarding and swimming.

Personal motto:

Declan: Take chances.

Heidi: Live, love, laugh and have no regrets.

 

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Getting there

The flights

Flydubai operates up to seven flights a week to Helsinki. Return fares to Helsinki from Dubai start from Dh1,545 in Economy and Dh7,560 in Business Class.

The stay

Golden Crown Igloos in Levi offer stays from Dh1,215 per person per night for a superior igloo; www.leviniglut.net 

Panorama Hotel in Levi is conveniently located at the top of Levi fell, a short walk from the gondola. Stays start from Dh292 per night based on two people sharing; www. golevi.fi/en/accommodation/hotel-levi-panorama

Arctic Treehouse Hotel in Rovaniemi offers stays from Dh1,379 per night based on two people sharing; www.arctictreehousehotel.com

SCORES IN BRIEF

Lahore Qalandars 186 for 4 in 19.4 overs
(Sohail 100,Phil Salt 37 not out, Bilal Irshad 30, Josh Poysden 2-26)
bt Yorkshire Vikings 184 for 5 in 20 overs
(Jonathan Tattersall 36, Harry Brook 37, Gary Ballance 33, Adam Lyth 32, Shaheen Afridi 2-36).

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Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

UAE currency: the story behind the money in your pockets
Avatar: Fire and Ash

Director: James Cameron

Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana

Rating: 4.5/5

if you go

The flights

Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes. 

The hotels

Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes. 

When to visit

March-May and September-November

Visas

Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.