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FINANCIAL NEWS
Dubai telecom ‘du’ spurs its revenues
02 Mar 2016
(MENAFN) UAE use of data by customers increased business, while the telecom operator proclaimed whole annual dividend payment of USD 0.11 per share for 2015.
Additionally, an increase in mobile phone customers saw Dubai telecom operator ‘du’ recording grow in 2015 incomes despite swinging almost 1.1mn subscribers.
Moreover, increased use of data was the main substance for the growth in business, while the telecom operator announced a whole payment of USD 0.12 per share.
Whole mobile customer base reached 7.72mn at the end of Q4, an increase of 5.2 percent from the same 2014 period even after the suspension of 1.1mn subscribers.
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