Emirates Integrated Telecommunications Company PJSC

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.

du, a leading telecom and digital services provider in the UAE, announced plans to build a new hyperscale data center valued at approximately 2 billion AED. This initiative significantly increases du's data center capacity and enhances its position as a key data center provider in the region. The data center will be developed in phases, with Microsoft as the main tenant. CEO Fahad Al Hassawi highlighted the project as a major step in du's strategy to expand beyond traditional offerings and support the growing demand for AI, sovereign cloud, and increased capacity. This development underscores the importance of technological advancements in enhancing economic landscapes and community standards, reinforcing the UAE's status as a global leader in technology and sustainability. Currently, du operates five data centers in the UAE, providing secure and scalable digital infrastructure.