> Emirates Telecom has appointed a number of banks before issuing international bonds, according to a document.
According to Arab Net, this bank, which is the banks, Pynp, Parris, Abu Dhabi 1, HSBC and Societe General to arrange calls with investors on euro-denominated bonds on segment for 7 and 12 years.
Etisalat has achieved unified net profit after the federal franchise deducted 2.3 billion dirhams during the first quarter of this year, an annual increase of 7.9%, and a net profit of 18%, according to the consolidated financial results of the first three months of 2021 Etisalat announced.
The value of the unified communications group revenue was AED 13.2 billion, while uniform profits before interest, taxation, consumption and amortization reached AED 6.8 billion, an annual increase of 0.7%, an annual margin of 51%.
The total communications subscriber base reached 156 million subscribers, representing an annual increase of 4%, while a telecommunications base arrived in the UAE during the first quarter of 2021 to 12.4 million.
"The results of Etisalat for the first quarter of 2021 came a continuation of its strong performance, which succeeded in achieving it last year, thanks to the flexibility they showed through its various operations.
Despite the challenges imposed by the Kovid-19 pandemic, these results confirm the continued aspiration and positive outcome of the future.
