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FINANCIAL NEWS
UAE’s Etisalat revenue hits USD13.28b in 2014
26 Mar 2015
(MENAFN) UAE’s Etisalat logged consolidated revenues of USD13.28billion for 2014, marking a 26 percent increase over the revenue recorded a year before, Saudi Gazette reported.
The group also recorded a 26 percent net profit increase, hitting USD2.42 billion after Federal Royalty. The group’s EBITDA reached USD6.36 billion in 2014, Saudi Gazette reported.
“2014 was an auspicious year for Etisalat. This is a landmark moment in our history and a considerable achievement towards our objective of being recognized as the leading operator,” Etisalat’s Chairman said.
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