0
General

Etisalat Group net profit rises 5% to AED 2.2 bln in Q1

Tuesday 23 April 2019 | 11:24 CET | News
Etisalat Group's net profit after Federal Royalty amounted to AED 2.2 billion in the first quarter, representing a year-over-year increase of 5 percent and resulting in a net profit margin of 17 percent. Revenues increased by 5 percent to AED 13.0 billion, and the number of subscribers reached 143 million, an increase of 2 percent year on year. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Etisalat
Countries: Middle East
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Etisalat Group net profit up 2% to AED 6.7 bln in nine months

Published 23 Oct 2019 11:11 CET | Africa
Etisalat Group said its net profit increased by 2.1 percent to AED 6.7 billion in the first nine months of 2019. The subscriber ...

Etisalat Group net profit grows 3% to AED 4.4 bln in H1

Published 23 Jul 2019 13:48 CET | Middle East
Etisalat Group's net profit increased by 3.1 percent to AED 4.4 billion in the first half of 2019 compared to the same period in ...

Etisalat Misr to invest in internet services to increase revenue

Published 06 May 2019 10:50 CET | Egypt
Egyptian operator Etisalat Misr aims to invest heavily in modernising its network this year, and to book a higher share of ...

Maroc Telecom group customer base grows 4.8% to 62 mln in Q1

Published 23 Apr 2019 09:04 CET | Morocco
Maroc Telecom group's customer base reached nearly 62 million in the first quarter ended 31 March, up 4.8 percent year-on-year, ...

Etisalat launches weekly and monthly international packs

Published 16 Apr 2019 14:19 CET | United Arab Emirates
Etisalat UAE has announced the introduction of new international packs enabling prepaid customers to make unlimited international ...

Etisalat plans AED 4 bln investment in digital transformation and networks in 2019

Published 09 Apr 2019 12:45 CET | United Arab Emirates
UAE telecoms group Etisalat plans to invest AED 4 billion in 2019 in digital transformation and the mobile and fibre network. ...

Etisalat FY revenue rises, net profit up 2.4% to AED 8.6 bln

Published 15 Feb 2019 10:50 CET | United Arab Emirates
Etisalat said that net profit increased by 2.4 percent to AED 8.6 billion for the year ended 2018, amid higher local and ...