Etisalat reveals second quarter profit drop

19 July 2010

Etisalat has announced its second-quarter profit dropped 21% to Dhs1.9bn ($517m) compared to Dhs2.4bn in the same period last year. Net profit for the first six months stood at Dhs3.9bn compared to Dhs4.6bn recorded during the same period in 2009. Etisalat has 7.8 million mobile subscribers in the UAE, 1.28 million fixed-line subscribers and 1.39 million internet subscribers.

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