UAE’s du to post high revenue in Q2

02 May 2014

(MENAFN) du, the UAE”s second-biggest telecoms operator, said it plans to keep its revenue growth high and pay a half-yearly dividend in 2014 after the slow growth it posted in the first quarter, according to Arab News.

The company posted a 4.5 percent growth in net profit in the first quarter of this year, its lowest since 2008.

Chief Executive Osman Sultan said: “I would like to see double-digit growth for the year in revenue.”

Sultan said du would target getting more subscribers onto monthly contracts to help increase revenue share.

More News

This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more