Tuesday 24 April 2012

Etisalat's figures reflect pressure from rival du - The National

Etisalat's profit in the first quarter was flat as it struggled with competition from its smaller rival, du.

A fall in revenue at home was offset by gains in foreign markets.

Net income fell to Dh1.81 billion (US$493 million) from Dh1.82bn a year earlier, the country's largest telecommunications firm said.

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