Etisalat Group Reports AED 4.3 Billion Net Profits for H1 growing 6% YOY while growing 12.4% in Q2 2018
- Etisalat Group subscriber base reached 144 million representing year on year increase of 4%
- Etisalat Group Consolidated Revenues for first half of 2018 amounted to AED 26.2 billion representing 4% increase year over year.
- Etisalat Group Consolidated Net profit for first half of 2018 amounted to AED 4.3 billion representing 6% increase year over year.
- Etisalat achieves over 1 million VoLTE subscribers.
- Etisalat launches first commercial 5G network in the MENA.
- Expo 2020 Dubai becomes first 5G major commercial customer in MEASA through partnership with Etisalat; Etisalat’s 5G network will provide state-of-the-art services to Expo’s millions of visitors.
- Etisalat launches ‘Hello Business Hub’ in UAE, a one-stop place for all start-ups and SMBs.
- Etisalat Digital’s IOT Connectivity Solutions Empower FEWA Smart Metering Project.
- UAE Ministry of Interior signs agreement with Etisalat to link UAE homes and establishments to a fire alarm system connected to the civil defence control room.
- Etisalat, Ericsson and Intel launch ‘Driving the Future of 5G Innovation’ university competition.
- Etisalat and Pro League Committee launch the region’s first Virtual Reality Football app
- Etisalat and Microsoft form a strategic partnership to deliver the comprehensive, trusted Microsoft Cloud from their first datacentre located in the Middle East
- Etisalat forms an alliance with AeroMobile for in-flight roaming coverage for business users.
- Etisalat launches remote SIM provisioning of any embedded devices, while launching commercially the e-SIM enabled/LTE connected Apple Watch Series 3.
- Etisalat forms exclusive partnership with GSMA for Mobile 360 Series – MENA Conference
- Etisalat adopts latest GSMA’s global IoT Security Guidelines
- Etisalat launched two new challenges with Dubai Future Accelerators, focusing on Digital Customer Care and Transformation of Visitors’ Experience using Artificial Intelligence and Augmented/Virtual reality.
- UAE ranked as global leader in Fiber Optic Network Cable for the second year in a row.
- Etisalat awarded ‘Most Valuable Telecoms Brand’ in MENA region by Brand Finance at Mobile World Congress.
- Etisalat receives the prestigious TL9000 certification, an International Quality Standard for the telecom industry.
- Etisalat’s data centres acquire PCI/DSS certification guaranteeing maximum safety of customer data at all times.
- Seven Etisalat shops were rated as 5 Stars as part of TRA’s “Erteqa” initiative.
- Etisalat Group Subscriber base reached 144 million representing Year over Year increase of 4%.
- Etisalat UAE Subscriber base reached 12.7 million representing Year over Year increase of 3%.
- Etisalat Group second quarter consolidated revenues amounted to AED 13.1 billion representing 2% increase comparing to Q2 2017.
- Net Profit
- Etisalat Group second quarter consolidated net profit amounted to AED 2.2 billion representing 12.4% increase comparing to Q2 2017.
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