The Emirati Etisalat Group achieved net profits of 2.4 billion dirhams, an annual increase of 5% compared to the same period last year.
According to Arabnet, the value of the group's revenues reached 13 billion dirhams, and the total value of the consolidated interest, tax, depreciation and amortization during the third quarter was 6.9 billion dirhams, with an annual increase of Its rate of 2% resulted in an interest, tax, depreciation and amortization margin of 53%.
The total subscriber base reached 149 million subscribers, with an annual increase of 1%, while the subscriber base in the UAE has reached 12.1 million.
said Hatem Dewidar, Acting CEO of Etisalat Group, CEO of International Operations for the Group: Etisalat's performance during the third quarter of this year showed flexibility in interacting with The unprecedented conditions that the world is going through, which confirms the importance of the important and pivotal role played by network communication capabilities in enabling individual and institutional clients to perform their tasks and work easily and easily despite these challenges and circumstances.
He added: Thanks to its most advanced and advanced infrastructure in the region, Etisalat is constantly working to seize the various growth opportunities provided by the current circumstances, with the company's constant keenness to meet the needs The current and future of its customers, and to support its efforts to achieve its strategic vision of leading the digital future to empower societies. Etisalat's success in launching the 5G network and in providing high-speed Internet services to its subscribers based on the fixed 5G network is testament to the company's efforts in this direction.
Dewedar indicated that Etisalat will continue its march towards an accelerated digital transformation, while maintaining sufficient flexibility that enables it to raise the level of its future business, and work to transform various challenges into Promising growth opportunities, achieving its long-term goals, and creating increased business value. We will also continue the process of digitizing our business with an emphasis on innovation in the company's existing assets by building new capabilities that are digitally enabled and sustainable.
