Etisalat, the Abu Dhabi based telecommunications group, announced a net profit of Dh1.9 billion after federal royalty for its second quarter of 2012, a 17 per cent growth compared to the same period last year. That’s also a three per cent growth compared to the first quarter of 2012, the telecom operator said in a statement on Wednesday.
Etisalat’s consolidated revenues reached Dh8.3 billion, a four per cent increase year-on-year while the EBITDA went up by 16 per cent to reach Dh4.3 billion.
Currently operating in 16 countries, the telecom operator said that revenue from international operations grew by 14 per cent to Dh2.3 billion. In the UAE, revenues declined by 0.4 per cent to Dh5,643 million in comparison to the same period of last year, while declined by three per cent in comparison to the previous quarter of this year.
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