Du’s first-quarter profit falls 1.43%

Dubai: Telecom operator du’s first-quarter profit fell 1.43 per cent year on year to Dh480.1 million compared to Dh487.1 million, due to a 23.6 per cent increase in royalty fees.

Its revenues grew 1.3 per cent to Dh3.09 billion while mobile data revenue also increased by 8.9 per cent to Dh779 million compared to Dh715.6 million a year earlier but mobile revenue totaled Dh2.21 billion, a 0.9 per cent decrease compared to Dh2.23 billion a year earlier.