Emirates Integrated Telecommunications Company PJSC (“EITC”) whose brand name is du published its financial results for the quarter-ended 30 June 2022. Sustained demand for broadband and mobile services led the revenues to increase by 9.9% to AED 3.14 billion. EBITDA improved by 12.1% to AED 1.27 billion, attributable to a sharp increase in service revenues and gross margin expansion. Net profit increased by 26.2% to AED 303 million. Operating Free Cash Flow (EBITDA – Capex) grew 47.7% to AED 709 million, driven by higher EBITDA and Capex spend that is beginning to normalize. On the basis of these results, the Board of Directors approved an interim cash dividend of AED 0.11 per share representing a 10% increase over the previous year’s interim dividendRead Q1 results

Read more: EITC (du) Reports 26.2% Increase in Q2 Net Profit

Zain KSA has achieved SAR 134 million in net profit during the second quarter of 2022 (Q2), an impressive 219% growth compared to the same period of 2021 and a 65% increase compared to the first quarter of 2022 (Q1). A 16% year-over-year (YoY) growth in revenues was also recorded during Q2 2022, hitting SAR 2.2 billion.

Read more: Zain KSA Achieves Triple-Digit Growth in Q2 2022

du, from Emirates Integrated Telecommunications Company (EITC), will support ‘Dubai Can’ – an innovative citywide sustainability initiative launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, that encourages and empowers communities to reduce the use of single-use plastic bottles. In light of this initiative, the telco has implemented multiple initiatives at its new headquarters in Dubai Hills. du’s sustainable and technologically- advanced headquarters symbolize its journey to a leading digital telco with new values that drive a purpose-driven mindset and sustainable ethos.

Read more: du Joins Dubai Can Initiative to Combat Plastic Pollution

du, from Emirates Integrated Telecommunications Company (EITC), opened its new headquarters (HQ) in Dubai Hills to accommodate rapid growth and accelerate its transformation journey to a digital telco. The new space supports the company’s growth strategy as part of its ongoing transformation agenda through four key elements – design, culture, productivity, and employee well-being. 

Read more: du Accelerates Digital Transformation With New HQ

Zain KSA has completed all arrangements and preparations to receive the pilgrims during this year’s Hajj season. All the technical requirements have been fulfilled to ensure the top quality, speed and reliability of communications and digital services offered to pilgrims in the vicinity of the Great Mosque and the holy sites in Makkah and in Madina.

Read more: Zain KSA Prepares Best Services for the 2022 Hajj Season

Ooredoo Group has announced a joint agreement with international communications company BICS to create an innovative voice business model that will deliver new solutions in the areas of artificial intelligence, machine learning, and fraud protection, among others.

Read more: Ooredoo Group Strives For Improved Customer Experience

e& (formerly known as Etisalat Group) has unveiled  “etisalat by e&” as the new brand identity for Etisalat UAE in line with the Group’s recent positioning as the global technology and investment conglomerate that digitally empowers societies.

Read more: ‘Etisalat By e&’ Launched as New Brand Identity for Etisalat UAE

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