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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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