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.

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