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Bank – United Arab Emirates:
The number of mobile subscribers in the country to about 18.4 million subscribers, by the end of the first nine months of this year.
According to figures from Emirates Telecommunications Corporation (Etisalat) and Emirates Integrated Telecommunications Company (du), mobile phone subscriptions were distributed to 10.7 million subscribers at Etisalat and 7 , 7 million to.
According to statistics, prepaid mobile subscribers account for 88% of total mobile subscribers, compared with 12% of postpaid subscribers.
Statistics indicate that mobile revenues account for 85% of the UAE's total telecommunications revenues, with the rest coming from data, Internet and fixed-line services.
The number of mobile subscribers in the country had risen to 19.621 million by the end of the first half of the year 2004. The number of prepaid mobile subscriptions reached 16.239 million, while postpaid mobile subscriptions reached 3,381 million over the same period.
Etisalat's net profit reached 6.6 billion from AED at the end of the first nine months of this year, representing a growth of 2% over the same period last year.
Net earnings of Emirates Telecommunications Company (du), after deducting franchise fees, jumped to 1.41 billion dirhams in the first nine months of this year, compared to 1.29 billion dirhams during the same period last year. Last year, an increase of 9.2%.
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