du Reports Robust Financial Growth Amid Sustained Demand for Digital Connectivity
Emirates Integrated Telecommunications Company PJSC has announced a commanding 10.8% increase in net profit to AED2.4 billion for the first nine months of 2026, underpinned by flourishing demand for connectivity and digital services across the emirate.
Emirates Integrated Telecommunications Company PJSC (du) has delivered a resounding financial performance for the opening nine months of 2026, with net profit reaching AED2.4 billion, representing a robust year-on-year increase of 10.8%. This impressive trajectory reflects the company’s steadfast commitment to operational excellence and its strategic positioning within the dynamic telecommunications landscape.
Revenue expanded by 6.2% to attain AED12.3 billion during the nine-month period, with service revenue climbing 6.8% to AED9 billion. The company’s earnings before interest, taxes, depreciation and amortisation grew 9.2% to AED6 billion, while the EBITDA margin demonstrated notable expansion, rising by 1.3 percentage points to reach 48.7%.
A particularly noteworthy achievement emerged during the third quarter when du secured a pivotal 20-year renewal of its Public Telecommunications Licence alongside a three-year extension of the royalty regime. These developments provide considerable long-term regulatory visibility and operational continuity, positioning the company for sustained growth and strategic investment.
Recognition of du’s standing within the global investment community was further reinforced through its inclusion in both the MSCI UAE Standard Index and the FTSE All-World Index, achievements that underscore the company’s robust operational metrics and liquidity profile.
The company’s subscriber base demonstrated healthy expansion, with mobile subscribers increasing by 3.3% whilst fixed-line subscribers grew by 5.2%, reflecting broadening consumer confidence and market penetration across both service categories.
Third-quarter results demonstrated continued momentum, with revenue rising 7.1% year-on-year and net profit reaching AED786 million, an increase of 7.3%. The EBITDA margin maintained stability at 47.7%, reinforcing the company’s operational efficiency.
Fahad Al Hassawi, Chief Executive Officer of du, remarked that the company’s performance throughout the nine-month period exemplified the resilience of its operations and its unwavering dedication to purposeful, sustainable growth. He emphasised that strategic investments in data centre infrastructure, cloud computing capabilities and advanced connectivity services were enabling du to transcend traditional telecommunications boundaries and expand into complementary digital service categories, thereby creating additional value for stakeholders and customers alike.
Source: WAM