Emirates Integrated Telecommunications Company PJSC
Pressreleases, Reports and Disclosures for Emirates Integrated Telecommunications Company PJSC
Emirates Integrated Telecommunications Company PJSC (du), listed on the Dubai Financial Market, has provided a business update confirming that its network infrastructure and customer services are operating normally without any changes in investment strategy. The company maintains strong liquidity and a conservative balance sheet, with AED 4.2 billion in available liquidity. It has confirmed the Board's recommendation for a full-year 2025 dividend of 64 fils per share, with 24 fils already distributed. du serves approximately 9.7 million mobile subscribers and 735,000 fixed customers, highlighting its resilience and essential role in the UAE's telecommunications infrastructure. CEO Fahad Al Hassawi emphasized the company's commitment to uninterrupted connectivity, business resilience, and strategic investments in 5G, fiber infrastructure, enterprise digital solutions, Fintech, and ICT, while ensuring balanced shareholder returns. The company continues to focus on operational excellence, customer service, and disciplined capital management.
Emirates Integrated Telecommunications Company PJSC (EITC) has announced the opening of nominations for its Board of Directors. There is one Board seat available, and the nomination period will remain open for ten days from the date of the announcement. Interested shareholders must meet specific requirements outlined in Federal Decree-Law No. 23 of 2021 on Commercial Companies, the Governance Guide for Public Joint-Stock Companies, and the Articles of Association. Applications must include all necessary documents specified in the Governance Guide. Once the nomination period closes, nominations cannot be transferred. EITC will publish the names and information of nominees on its website and at its principal office on March 2, 2026. The list of nominees will also be submitted to the Capital Market Authority. Nominations are open from March 3, 2026, to March 21, 2026, and applications should be submitted to the company's principal office in Dubai Hills Business Park.
The Emirates Integrated Telecommunications Company PJSC is inviting its shareholders to attend the General Meeting on March 3, 2026, both in person at the Dubai Hills Business Park and virtually. The agenda includes reviewing and approving the Board of Directors' and Auditors' reports, discussing and approving financial statements and dividend distribution for the fiscal year ending December 31, 2025, and considering the discharge of liabilities for the Board and external auditors. Other items include approving the Board's remuneration, appointing auditors for the next fiscal year, electing a Board member, and considering a special resolution for community contributions. Shareholders may delegate representatives to attend, and virtual attendees must register electronically. Quorum and voting guidelines are specified, and relevant documents are available on the company's and Dubai Financial Market's websites.
Emirates Integrated Telecommunications Company PJSC (du) reported strong financial results for 2025, with revenues increasing by 8.7% to AED 15.9 billion and net profit rising by 16.8% to AED 2.9 billion. The company's EBITDA grew by 13.4%, reaching an EBITDA margin of 46.1%. This performance enabled the board to recommend a total annual dividend of 64 fils per share, an 18.5% year-on-year increase and the highest in the company's history. Key achievements included the expansion of du Pay and enhancements in cloud, AI, and data center capabilities. The company also improved its capital markets profile through a successful secondary public offering. Operating free cash flow increased by 14.4% to AED 5.1 billion, reflecting strong cash generation and support for the company's long-term diversification strategy.
The document pertains to the consolidated financial statements of Emirates Integrated Telecommunications Company PJSC and its subsidiaries for the year ending on December 31, 2025.
Emirates Integrated Telecommunications Company PJSC (du) reported a 14.6% growth in net income and an 8.0% increase in revenues for the first nine months of 2025. In the third quarter, revenues rose by 7.9% year-over-year, supported by strong commercial performance in both B2C and B2B segments and a robust EBITDA margin of 47.8%. The company completed a secondary public offering of 7.55% of its share capital, enhancing its market profile. The mobile and fixed bases grew by 10.3% and 9.7%, respectively. The steady performance over three quarters allows du to reaffirm its 2025 revenue growth guidance of 6-8% and an EBITDA margin of 45-47%.