Dubai:Emirates Integrated Telecommunications Company PJSC (du) has announced a 10.8% year-on-year increase in net profit, reaching AED2.4 billion for the first nine months of 2026. This growth has been attributed to sustained demand for connectivity and digital services.
According to Wam, the company's revenue during this period rose by 6.2% year-on-year to AED12.3 billion, supported by continued demand and a stable macroeconomic environment. Service revenue saw a 6.8% increase, totaling AED9 billion.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 9.2% to AED6 billion, with the EBITDA margin expanding by 1.3 percentage points to 48.7%. In the third quarter, du successfully secured a 20-year renewal of its Public Telecommunications Licence and a three-year extension of the royalty regime, which is expected to provide greater long-term regulatory visibility and operational continuity.
The company was also included in the MSCI UAE Standard Index and the FTSE All-World Index after meeting the relevant eligibility requirements, particularly those related to liquidity. Additionally, du's mobile subscriber base increased by 3.3%, while its fixed-line subscriber base grew by 5.2%.
Third-quarter revenue rose by 7.1% year-on-year, with the EBITDA margin remaining stable at 47.7%. Net profit for the quarter increased by 7.3% to AED786 million. Fahad Al Hassawi, CEO of du, stated that the company's performance reflects the resilience of its operations and its continued focus on purposeful growth. He also noted that investments in data centers, cloud computing, and advanced connectivity services are enabling du to expand its operations beyond traditional telecommunications services.