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Wireless

Etisalat Group FY revenue up 26% to AED 48.8 billion

Thursday 26 February 2015 | 09:25 CET | News
Etisalat Group announced a 26 percent increase in its 2014 revenue to AED 48.8 billion year over year, driven by a strong performance at its domestic operations and the consolidation of Maroc Telecom operations. EBITDA totalled AED 23.4 billion, resulting in an EBITDA margin of 48 percent. The EBITDA growth was mainly caused by the consolidation of the Maroc Telecom operations and continued strong growth in its domestic operations. The net profit after Federal Royalty amounted to AED 8.9 billion, up 26 percent, resulting in a profit margin of 18 percent. The group ended 2014 with 169 million

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Categories: Fixed / Mobile & Wireless
Companies: Etisalat / Maroc Telecom
Countries: Middle East
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