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BRIEF-Etisalat board proposes 60 pct dividend for 2011

By Isabel Coles | Reuters – Mon, Feb 20, 2012

DUBAI, Feb 20 (Reuters) - The board of UAE telecoms

operator Etisalat has proposed a 60 fils per share

dividend for 2011, the company said in a statement on Monday.

The former monopoly's board also discussed starting

restructuring and outsourcing plans as a means to cut costs.

(Reporting by Matt Smith; editing by Isabel Coles)

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