A rise in revenues from Etisalat's international subsidiaries helped the national operator to surpass annual profit forecasts despite increased competition in the UAE telecommunications market.
Etisalat made a profit of Dh7.631 billion (US$2.078bn) last year, a decrease of over 13.6 per cent per cent on 2009, mainly due to a loss of local mobile and internet customers.
However, the company's international subsidiaries helped to increase revenues by 2 per cent to Dh31.9bn.
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