
The company, which operates in 18 countries, made a profit of Dh1.71 billion in the three months to September.Etisalat, the Gulf's largest telco by market value, reported an almost one per cent drop in third quarter net profit on Tuesday.The company, which operates in 18 countries, made a profit of Dh1.71 billion in the three months to September, against Dh1.74 billion in the year-before period as operating costs rose faster than revenues. etisalat, which unveiled its highly-anticipated long-term evolution (LTE) high-speed network last month, said revenues rose 8.6 per cent to Dh8.04 billion in the quarter, up from Dh7.4 billion a year earlier. However, operating expenses increased 22.3 per cent over the same period. etisalat shares slumped to a 13-month low of Dh9.99 on the Abu Dhabi Securities Exchange on Monday.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor