Economy Country May 05, 2025

Strong Growth in Telecommunications Sector

The UAE's telecom sector reports significant growth in subscribers and revenues, driven by new services and favorable economic conditions, with profit rising by 19.8%.


Strong Growth in Telecommunications Sector

The company "du" announced its revenue growth and earnings for the first quarter of 2025. The company's net profit increased by 19.8% compared to the previous year, reaching 722 million dirhams. Revenue increased by 7.4%, amounting to 3.8 billion dirhams, thanks to strong activity in the telecommunications sector and other sources of income.

The broadband segment showed a growth of 13.8%, while the subscriber base for fixed-line telephony increased to 701 thousand subscribers. In the first quarter, there was an addition of 19 thousand new subscribers, and over the last 12 months, the number of new subscribers reached 85 thousand, supported by ongoing promotions and attractive packages, such as "Home Basic" and "Office Wireless."

Revenue from fixed-line telephony services rose by 10.2%, reaching 1.1 billion dirhams. This is primarily due to the expansion of the fiber optic network in new areas, successful wireless internet offerings, and new business solutions. Also significantly contributing to the growth were unplanned upgrades.

More than 7 million subscribers use prepayment services, which grew by 4.5%, and postpaid subscribers increased by 9.6%, reaching 1.8 million. The company attracts clients with innovative packages and services, such as rooming for organizations. The company continues to focus on delivering higher revenues from products and increasing market share, which is reflected in the growth of profits and satisfaction of customer needs.