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FINANCIAL NEWS
UAE telecoms sector revenue up to USD8.92b in 2015
06 Oct 2015
(MENAFN) Data showed that revenues from the telecommunications sector in the UAE grew 12.32 percent to USD8.92 billion this year compared to USD7.94 billion last year.
Major part of the revenue came from the mobile services at USD6.94 billion, followed by internet services at USD1.25 billion and fixed telephony services at USD734.92 million.
The Telecommunications Regulatory Authority (TRA) of the UAE said that the UAE had over 2.1 million fixed line subscriptions, 16.82 million mobile subscriptions and one million internet subscriptions.
The number of active mobile subscriptions continued to grow, reaching over 16.8 million by year-end with a penetration rate of 199.3 percent. This represents one of the highest mobile penetration rates in the world.
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Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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