Du profit up 21% in Q1

Du of the United Arab Emirates (UAE) has reported an almost 9% rise in revenues for the first quarter of 2022 at AED3.1 billion (USD844 million). Net profit jumped 21% on strong subscription growth to AED311 million, with mobile subscription numbers up more than 10% at 7.5 million. The operator said it saw net additions in both the post-paid and pre-paid segments. Its fixed broadband subscription base rose by 48,000 to 439,000.