TeleGeography Logo

Du sees fourth quarter profit drop 10%

23 Feb 2015

United Arab Emirates (UAE) telco Du has reported a net profit of AED512.7 million (USD139.6 million) for the final three months of 2014, down 10% year-on-year due to higher taxation on its earnings. Revenues for the fourth quarter jumped 12% to AED3.23 billion, the company said in a statement. Meanwhile, profit for the full year climbed from AED1.99 billion in 2013 to AED2.11 billion last year. The firm warned, however, that 2015 may be a tougher year: ‘Du is likely to continue to experience pricing pressures from competitors and the popularity of VoIP (voice-over-IP) services, a trend the entire industry is facing.’

United Arab Emirates, Du (Emirates Integrated Telecommunication Company, EITC)

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.