For the first quarter of 2026, Emirates Integrated Telecommunications Company (du) recorded a net profit of Dhs834 million, a 15.5% year-over-year gain. The EBITDA margin increased by 2.1 percentage points to 49.5%, while earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 11.7% to Dhs2 billion.
Operating free cash flow increased by 14.2% to Dhs1.7 billion, demonstrating the company’s continuing excellent cash flow generation. In April, the company strengthened its credit profile and financial flexibility by successfully refinancing and arranging a Dhs2 billion revolving credit line on better terms, with a seven-year maturity.
“We began 2026 with strong fundamentals and clear commercial momentum across mobile, fixed, and ICT,” stated Fahad Al Hassawi, CEO of Emirates Integrated Telecommunications Company. With revenues up 6.9%, EBITDA up 11.7%, and net profit up 15.5%, we produced an outstanding set of financial results.
In the first quarter, the number of mobile subscribers increased by 6.1% year over year to 9.7 million. Over the previous 12 months, there were 555,000 net increases to the mobile subscriber base.Prepaid subscribers climbed by 5.2% to 7.7 million, while postpaid subscribers expanded by 9.6% to 2 million.
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