Telecom Operators

Etisalat Group has announced its consolidated financial statements for the three months ending 31st March 2021.

Etisalat, one of the leading telecommunications operators in emerging markets recognized by Ookla® Speedtest® as the world’s fastest mobile network in 2020, together with Nokia, as a key partner, has deployed 5G network, providing enhanced mobile broadband services and expanding 5G coverage and revenue opportunities. Nokia’s 5G portfolio supports Etisalat’s mission of driving the digital future to empower societies.

Ooredoo announced its financial results for the first quarter of 2021, showing solidity and resilience despite the pandemic. Excluding foreign exchange (FX) impact, the revenue increased by 1%, EBITDA increased by 9%, and the net profit increased by 120%.

To provide the UAE residents with safe, convenient and flexible payment solutions through an easy-to-use eWallet mobile app, the Digital Financial Services LLC, a joint venture of Etisalat and Dubai Islamic Bank, has partnered with Lulu Group International to enable secure and contactless payment options for eWallet customers.

du, from Emirates Integrated Telecommunications Company (EITC), has announced the successful deployment of the first 5G leased line in the UAE for China State Construction Engineering Corporation Middle East L.L.C (CSCEC ME) office in Dubai Industrial City. Using the latest 5G technology for the first time for a leased line, du will provide highly efficient and reliable leased line telco services.

UAE Trade Connect (UTC), a new nationwide blockchain platform co-created by Etisalat Digital and seven leading UAE banks and Avanza Innovations is commercially live.

Vodafone Qatar announced its financial results in Q1 2021 which unveiled the company’s highest quarterly net profit of QR 66 million, after recording a 38% year-on-year growth.

du, from Emirates Integrated Telecommunications Company (EITC), has announced details of a brand new community-centric campaign that honors the values and spirit of The Holy Month of Ramadan.

Emirates Integrated Telecommunications Co.(EITC), also known by its brand name du, posted a net profit of Dh257 million ($70mln ) for the first quarter of 2021. Excluding the impact of goodwill impairment on the broadcasting business in Q4 2020 results, Q1 2021 net profit grew by 38.7%, as per the company’s statement.

Etisalat's award-winning deals and rewards programme Smiles has partnered with Mohammed Bin Rashid Al Maktoum Global Initiatives (MBRGI) to support the global ‘100 Million Meals’ humanitarian campaign during Ramadan.