Etisalat and Ericsson, the world's leading supplier of telecommunications, have announced that they have inked a Memorandum of Understanding (MoU) that will set up a joint committee to collaborate on common business objectives.

Areas outlined in the MoU entail streamlining collaboration on worldwide projects in order to assist Etisalat bring services to new markets faster; drive network transformation evolving towards an all-IP Network in order to retain Etisalat's technology innovation leadership in the region.

In a separate release, Etisalat has informed that this MoU is part of company’s ambition to bring innovations across Africa, Asia and the Middle East so that more of company’s customers can benefit from exciting services and products.