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The Etisalat Group today announced its consolidated financial results for the first six months ended June 30, 2018. Consolidated net income after the federal franchise increased to AED 4.3 billion with a growth of 6%, with a 40-share dividend per share The Etisalat Group's combined business in the second quarter of 2018 reached AED 13.1 billion, an annual increase of 2%. Consolidated Group sales in the first half increased to AED 26.2 billion, an annual increase of 4%. Compared to the first half of last year 2017. The net consolidated net profit of the "Group" has been The total number of Etisalat subscribers in the first half of 2018 increased to 144 million. subscribers, an annual increase of 4% In the United Arab Emirates, the number of subscribers in the second quarter of 2018 reached 12.7 million, an annual increase of 3%
"The financial results of Etisalat Group in the first half demonstrates the Group's leading position in the telecommunications sector and we will continue to focus on innovation and the launch of modern digital solutions, "said Essa Mohammed Al Suwaidi, Group President. Etisalat. In order to take advantage of exceptional and promising opportunities to serve the sectors
He explains that the good financial performance of the group paves the way for investments in future solutions, allowing Etisalat to offer innovative solutions that will enrich the sector telecommunications and support innovative work mechanisms.
Al Suwaidi adds: I would also like to thank the clients and shareholders for their confidence in Etisalat's ongoing progress and I would also like to acknowledge the efforts of Etisalat's leadership team to strengthen the "Digital Vision" through Focus on Strategy
Operational Efficiency
The engineer Saleh Abdullah Al Abdooli, CEO of Etisalat Group, said: Etisalat for the first half of this year are the result of efforts
"We are proud to be the first company in the Middle East," he said. p p Premier mobile broadband broadband network to be launched in the region, Expo 2020 Dubai is the first major company in the Middle East, Africa and Southeast Asia to benefit from the fifth generation service of Etisalat.
Innovative services ants
The engineer Saleh Al Abdooli explained that while Etisalat offers new technologies or launches new innovative services, its achievements are spread across various aspects of the company and its business. # 39; perfectly integrate with each other. Some to achieve the strategic objectives, highlighting in this context that the group "The company has been able to use its financial, technological and human resources to be at the forefront of digital, which shapes its digital leaders."
The Etisalat Group stated that the Group was on its ambitious path to explore and experiment with new technologies that maximize value. And we believe in the enormous potential of Etisalat to enable the transition to the new digital age, with our continued commitment to achieve longer-term achievements. "
Technology
Developed Audio Subscriber Base VOLTE Etisalat successfully launched the first business network for the fifth generation of the region.
Etisalat Group launched the Hello Business Hub to Support Small and Medium Enterprises and Startups in the UAE
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