According to Mohammad Omran, chairman, Etisalat, the operator has not chalked out any plans for foreign acquisitions.
He added that Etisalat had not yet decided on whether to bid for Iraq’s fourth mobile license, which is expected to be auctioned by end-2011.
Prior to this, it had deferred its $12 billion takeover bid for Zain.
Omran added that the firm was not considering selling any of its foreign operations or to issue debt.
