The UAE's No. 2 telecom operator du plans to focus on curbing costs rather than chasing market share, its chief executive said on Monday, after it reported a 57-percent jump in quarterly profit.
The operator, which ended rival Etisalat's domestic monopoly in 2007, said its share of mobile subscribers fell slightly to 46.5 percent.
Renewed competition from Etisalat, which posted a jump in second quarter profit last week after declines in eight of the preceding nine quarters, has slowed du's rise.
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