Du expects 25 per cent revenue growth in 2011

10 October 2011

Mobile data will contribute 10 per cent to Du’s rise in revenue

Emirates Mobile Company (Du) expects full-year revenues to rise by 25 per cent according to the Osman Sultan, the company’s chairman.

Sultan predicts that mobile data will contribute 10 per cent to this growth.

The operator also hopes to complete the roll out of its long-term evolution (LTE) network before the end of the year and launch the high-speed mobile broadband service by early 2012.

“We are testing LTE, we can show speeds that reach 150 megabits per second, We are looking at the full economical equation. Today we are not in a rush, the lack of the availability of handsets and the entire availability of the network makes it a false debate,” says Sultan.

Du is also pushing its online social platform Anayou to the rest of the region. According to Sultan the company is working with operators in Saudi Arabia, Bahrain, Oman, Egypt, Morocco and Tunisia to launch the service. 

“The demand for capacity will not stop, it will increase. Now social networking is changing behaviour, so we will need more capacity and will need more data, but we need time for the system to be ready,” says Sultan.

Du’s only competitor, Emirates Telecommunications Corporation (Etisalat), has already launched LTE in the UAE. Du currently has 44 per cent of the market share.

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