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Du Profit Climbs 2% as Subscriber Growth Accelerates

Du Profit Climbs 2% as Subscriber Growth Accelerates

Du posts 2% profit rise to AED 732M in Q3 2025 as mobile and fixed subscribers grow, boosting revenue and investor confidence across UAE telecoms.

Dubai, UAE’s Emirates Integrated Telecommunications Company (EITC), the operator of its brand, reported a 2% year-on-year rise in net profit to AED 732 million ($199 million) for the third quarter of 2025, supported by a steady increase in subscribers and solid revenue performance across its core business segments.

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Revenue for the quarter climbed 8% to AED 3.9 billion, reflecting growth across mobile, fixed, and corporate services. Mobile revenue rose 8.4% to AED 1.8 billion, while fixed-line revenue advanced 8.9% to AED 1.1 billion, driven by continued demand for high-speed broadband and digital connectivity solutions.

The company’s mobile subscriber base expanded to 9.2 million, marking an addition of 854,000 users over the past year. Fixed customers also increased to 718,000, up 64,000 from the previous period, signaling robust consumer appetite for integrated telecom and home services.

Capital expenditure reached AED 492 million in Q3 2025, slightly below the AED 511 million recorded a year earlier, as du continued to optimize infrastructure investments while expanding 5G and fiber network coverage.

For the first nine months of 2025, net profit increased 15% year-over-year to AED 2.2 billion, with overall revenue rising 8%, underscoring strong operational momentum.

Last month, it completed a secondary share offering, following Abu Dhabi’s Mubadala Investment Company decision to reduce its stake. According to CEO Fahad Al Hassawi, the transaction increased du’s free float to 27.7%, enhancing market liquidity, broadening its investor base, and positioning the stock for potential index inclusion

The company’s continued subscriber growth and disciplined capital strategy reaffirm du’s commitment to supporting the UAE’s digital transformation agenda while delivering sustained value to shareholders.

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