Dubai: Dubai-based telecom operator Emirates Integrated Telecommunications Company PJSC (du) reported a 0.3 per cent rise in second-quarter profit to Dh447 million when compared to D445 million during the same period a year ago.
Its revenues increased by 6.2 per cent to Dh3.26 billion compared to Dh3.06 billion a year earlier.
The operator announced its plans to distribute Dh589.3 million of interim dividends to its shareholders for the first half of 2017 at 13 fils per share, subject to approval at the General Meeting in September 2017.
“Our mobile customer base increased 1.5 per cent during the quarter to 8.2 million customers, up from 8.1 million in second quarter of last year. This was largely due to our strategy of focusing increasingly on attracting and retaining higher quality customers, with solid growth in postpaid customer additions,” Osman Sultan, EITC’s Chief Executive Officer, said in a statement.
He said that a highlight for the second quarter of the year has been our progress with the introduction of the Virgin Mobile brand.
“During the period, we began a programme of pre-launch customer registration and conducted trial tests. We enrolled a few select number of UAE residents to test the product and its customer service, and are happy with the feedback received. We look forward to the full commercial launch of the Virgin Mobile brand in the UAE soon, and with it, bringing a fully digital and premium customer experience,” he said.
