Press releases, Reports & Disclosures for Emirates Integrated Telecommunications Company PJSC

Emirates Integrated Telecommunications Company PJSC (du) reported an 8.6% year-over-year increase in revenue for the second quarter of 2025, driven by strong performance across all business segments. The EBITDA margin improved to 46.8%, a 3.1 percentage point increase, due to a focus on value-driven products and cost management. Net profit rose by 25.1%. The Board of Directors approved an interim cash dividend of AED 0.24 per share, a 20% increase from the previous year. The company saw subscriber growth in both Mobile (10.8%) and Fixed (12.0%) segments. For 2025, du expects revenue growth between 6-8% and an EBITDA margin of 45-47%. The company is investing in future growth, including deploying a hyperscale datacentre with Microsoft and launching the National Hypercloud platform.

The document is a review report and condensed consolidated financial statements for Emirates Integrated Telecommunications Company PJSC and its subsidiaries, covering the six-month period ending on June 30, 2025.

Du and Omantel have announced the activation of the Oman Emirates Gateway (OEG), a 275km international fibre optic submarine cable system designed to enhance connectivity between the UAE and Oman. This project connects three international data centers: datamena DX1 in Dubai, Equinix MC1 in Barka, and Equinix SN1 in Salalah. The OEG aims to improve the region's digital infrastructure, offering a seamless connection and supporting the area's development into a global telecommunications hub. It enhances network efficiency, speed, and customer experience with advanced offerings. Du's Chief Commercial Officer, Karim Benkirane, described the OEG as a bridge to future-proofing the region's digital infrastructure, benefiting hyperscalers, content providers, and international carriers. Samy Al Ghassany, Omantel's Chief Technology and Digital Officer, highlighted the project's role in digital transformation and regional growth. The OEG provides resilience through dual routes, ensuring reliability and optimal network performance, supporting emerging technologies, and facilitating international business growth. This development strengthens du and Omantel's positions in the telecommunications industry, reflecting their commitment to attracting global players and driving economic growth and technological innovation in the UAE and Oman.

Emirates Integrated Telecommunications Company PJSC (du) reported strong financial results for the first quarter of 2025, with a 7.4% increase in total revenues to AED 3.8 billion, driven by solid growth in both service and non-service segments. The company's EBITDA rose by 15.0% to AED 1.8 billion, resulting in an EBITDA margin increase to 47.4%. Net profit increased by 19.8% to AED 0.7 billion. The company achieved a significant milestone by partnering with Microsoft to develop a hyperscale data center in the UAE. Additionally, du Pay marked its first anniversary with half a million app downloads and transactions totaling half a billion dirhams. The mobile subscriber base exceeded 9 million, contributing to the company's continued commercial momentum.

The document is a review report and condensed consolidated financial statements for Emirates Integrated Telecommunications Company PJSC and its subsidiaries, covering the three-month period ending on March 31, 2025.