Etisalat Group announced a consolidated net profit of AED 4.4 billion (USD1.198 billion) for the first six months of 2019, representing a 3.1% increase year over year.
The Operator recorded a consolidated EBITDA of AED 13.3 billion (USD3.36 billion), representing an increase of 2% year over year and resulting in an EBITDA margin of 52%. Its subscriber base reached 143 million, representing a year on year increase of 2%.
On its key achievements, Etisalat said it is the first telecom operator in MENA to provide 5G network inside Abu Dhabi’s new international airport, hence enabling it to become the first Airport in the region with 5G coverage allowing speeds of up to 1Gbps. The Operator also launched its e-Wallet, the new mobile digital payment service in collaboration with Noor Bank.