Etisalat's Q1 profit drops 8.4%

19 April 2010

UAE's Etisalat has said its first-quarter profit had declined by 8.4% to Dhs1.99bn ($543m), without providing year-earlier numbers, Bloomberg has reported. Revenue for the quarter increased 5% to Dhs7.95bn. Total mobile subscribers in the first quarter reached 7.71 million, fixed-line subscribers were at 1.3 million and Internet customers at 1.38 million, the company said.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.