du Announces Revenues of AED908 Million in 2Q '08

32% increase in active subscribers from last quarter Dubai: 24 July, 2008: Emirates Integrated Telecommunications Company PJSC (du)Emirates Integrated Telecommunications Company PJSC (du) today announced its second quarter financial results, showing steady growth in revenues as well as subscribers. The company reported revenues of AED 908 million for the period ended 30 June 2008, an increase of 20% from the previous quarter (AED 756 million) and a 200% increase from the comparable quarter in 2007 (AED 302 million). Mobile revenue was reported at AED 670 million, an increase of 20% from the previous quarter (AED 560 million) and a 341% increase from the comparable quarter in 2007 (AED 152 million). This has been achieved through the increased usage levels of existing mobile customers, in addition to the high subscriber... [read full story]