Etisalat posts growth in quarterly profit, subscribers | Etisalat posts growth in quarterly profit, subscribers -
etisalat

Etisalat posts growth in quarterly profit, subscribers

: Monday, April 28 - 2014 @ 13:28

UAE telecoms operator, Etisalat has posted an 11% jump in first-quarter profit, as its revenue and subscriber base increased and capital expenditure and taxes declined, Reuters has reported. The former monopoly, which operates in 15 countries across the Middle East, Africa and Asia, made a net profit of Dhs2bn ($544.5m) in the three months to March 31. Etisalat had 145 million subscribers as of March-end, up 3% from a year earlier.

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Monday, April 28- 2014 @ 13:28 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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