Monday, July 30, 2012

Mobile data drives 13% rise in Du’s Q2 revenue

Emirates Integrated Telecommunications Company (Du), the United Arab Emirates’ second national telecoms operator, has announced it generated revenue of AED2.45 billion (USD666.8 million) in the three months ended 30 June 2012, an increase of 12.9% from AED2.17 billion in the year-ago quarter. Growth was primarily driven by a 14.0% year-on-year rise in mobile revenue to AED1.9 billion, of which mobile data accounted for AED278 million, an increase of 84.8% from AED151 million in Q2 2011. Du said that earnings before interest, tax, depreciation and amortisation (EBITDA) jumped 36.6% year-on-year to AED941 million in the second quarter of 2012, while net profit before royalty increased 57.1% to AED651 million, compared to AED414 million in Q2 2011


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OVETEL Mobile data drives 13% rise in Du’s Q2 revenue

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