Founded in 2006, Emirates International Telecommunications LLC (EIT) is Dubai Holding’s investment arm in communications within the EMEASA region. Dubai Holding’s shareholding in EIT is held by TECOM Investments.

EIT’s mandate is to grow shareholder value by investing internationally across the communications value chain, to boost and develop existing businesses, as well as to explore new opportunities through a specialized management entity.

To enable EIT to achieve its ambitious objectives, a top-notch and dynamic executive leadership team is in place. Ahmad Bin Byat, widely acknowledged as the founder and leading visionary behind the creation of Dubai’s knowledge economy, serves as the Chairman of EIT as well as being Chief Executive Officer of EIT’s owner, Dubai Holding. Deepak Padmanabhan, one of the leaders responsible for creating and building the Dubai Internet and Media Cities as TECOM Investments’ Chief Strategy and Business Development Officer, joined EIT as its Chief Executive Officer.

EIT takes ownership stakes in communications companies (which include integrated telecom operators, Internet service providers, media and backbone companies), allowing it to actively manage and grow shareholder value in these diverse investments.

EIT’s business model is based on two strategic pillars:

Active management

Realization of value chain synergies