UAE telecom operator
Latest in UAE telecom operator
Du
Subscriber base increase, cost optimisation drive du’s Q1 profit
Net profit jumps 19.8% to $196.6mn as revenue crosses $1bn mark; EBITDA grows 15% to $490mn with an EBITDA margin of 47.4%
digital security
UAE telco du, Versa Networks forge strategic partnership to supercharge digital transformation
The collaboration aims to support digital transformations for enterprises in the UAE by delivering Unified SASE (Secure Access Service Edge) services
Broadband
du promises to triple data speed in UAE with adoption of new technology
Its multi-carrier aggregation technologies will aggregate three carriers of 100 Mhz each within C-Band and 2.6 Ghz band
earnings
As profit soars spurred by service revenues, EITC becomes a debt-free company
Owner of du and Virgin Mobile reports 12.7 percent increase in net profit to AED319 million for Q3 2022; mobile subscriber base grows 14.7 percent to 7.4 million
Mobile number portability
UAE announces number portability for toll-free services
The move is aimed at enhancing competition among telecom service providers, expanding the range of options for customers without changing their phone numbers
Abu Dhabi
e& to change ADX stock ticker symbol to reflect its new identity
The UAE telecom major, formerly known as Etisalat, will change its ticker symbol on Abu Dhabi Securities Exchange from ‘ETISALAT’ to ‘EAND’
Careem Super App
Etisalat launches new Super App-like platform with free voice and video calls
The new platform will also feature remittance, bills payments, games, as well as access to home services
e&
e& – formerly Etisalat Group – reports net profit of $653mn in Q1 2022 as subscribers reach 13.1mn
e& delivered strong financial performance across all key metrics, driven by higher demand for digital and data services, coupled with the group’s ability to leverage superior networks
Etisalat
UAE’s Etisalat records 2% increase in revenues for Q3
Net profit after Federal Royalty hit AED2.4bn, a one percent increase compared to the third quarter of 2020
5G
UAE telco Du reveals 7.1% drop in Q3 profits despite rise in revenues
Financial results revealed a net profit of $77.1m, while revenues were up to $783m, fuelled by demand for broadband services and 5G handsets
Du
Dubai telecoms giant EITC names new chairman
Malek Sultan Al Malek is elected to lead Emirates Integrated Telecommunications Company which operates in the UAE under the Du brand
Etisalat
Etisalat appoints new CEO for UAE operations
Masood M. Sharif Mahmood currently serves on the boards of Al Yah Satellite Communications Company (Yahsat), the UAE Space Agency, and Etihad Aviation Group
5G
UAE telecoms giant Etisalat sees H1 net profit rise to $1.28bn
CEO says Etisalat delivered growth in revenue, net profit and operating free cashflow despite challenges in key markets
Emirates Integrated Telecommunications Company
UAE telco Du reveals 11% increase in Q2 profit as customer base grows
Du chairman says company continues to deploy significant resources towards infrastructure expansion and modernisation
6G technology
Etisalat says committed to bringing 6G technology to the UAE
Technology chief says Etisalat is one of the ‘ambitious players’ making steps towards the sixth generation of the mobile network
Du
Du parent firm EITC picks CEO to drive ‘transformation agenda’
Fahad Al Hassawi steps up from acting role to become CEO of Emirates Integrated Telecommunications Company