FINANCIAL NEWS

UAE du net profit saw 45 percent increase in Q3

01 Nov 2013

(MENAFN) Net profit of the UAE-based du saw a 45 percent growth in three months to September this year, according to the National.

The Dubai-based telco registered a net profit of USD129 million in the third quarter, and an 8 percent rise in revenues.

Osman Sultan, du”s chief executive, said: “The voice revenues are flattening, but still the growth is fuelled by data.”

Mobile data revenues boosted by 35 percent reaching USD167Ù«68 million during the same quarter.

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