Du may bid for a virtual operator licence in Saudi Arabia in its first foreign foray, its chief executive said, after the UAE's No. 2 telecom operator reported a 62 percent jump in quarterly profit.
Du, majority-owned by government institutions and which ended rival Etisalat's domestic monopoly in 2007, said
on Thursday mobile data revenue more than doubled in the first quarter and it added subscribers.
It operates in a market with one of the highest penetration rates in the world - 1.45 mobile subscriptions per person in the United Arab Emirates - leaving limited growth prospects at home.
No comments:
Post a Comment