Du is studying expansion outside the UAE, as it looks to sustain its rosy profits growth having added 320,600 mobile subscribers in the first quarter of this year.
The telecommunications firm is gaining ground on rival Etisalat on its home turf, but unlike the older operator has not ventured outside the UAE.
Osman Sultan, the chief executive of du, said the company is now studying the launch of mobile services in markets such as Saudi Arabia.
That would be part of a bid to sustain du’s growth, after the company reported a 61.8 per cent rise in profits in the first quarter, Mr Sultan said.
Du would not look to build its own mobile networks outside the UAE.
Instead, the company was studying the possibility of du entering foreign markets as a mobile virtual network operator (MVNO), Mr Sultan said.
Such operators do not own their own telecoms infrastructure, but piggyback on other operators’ networks to sell telecoms services to consumers.
“We have people looking and studying the potential opportunities in MVNOs,” he said.
The UAE telecommunications operator today reported a 61.8 per cent rise in profits in the first quarter, as it approaches parity with Etisalat in terms of mobile subscribers.
Du, which launched commercial services in 2007, now claims a 46.7 per cent share of the UAE mobile market, it said in a statement issued this morning.
The increase in its mobile-subscriber base helped push up net profits to Dh666 million before the royalty it pays to the government, up from Dh412 million during the same period last year.
Its revenues increased to Dh2.4 billion, up by 20.1 per cent compared with the first quarter of 2011. Revenues from du’s mobile business made up Dh1.9 billion of that, an increase of 21.8 per cent on last year.
Aside from more mobile subscribers, du also reported an increase in users surfing the web using their phones.
The operator said its had more than doubled its mobile-data revenues in the first quarter to Dh297 million, up from Dh141 million in the first quarter of 2011. Data now accounts for 15.5 per cent of the operator’s total mobile revenues, du said.
bflanagan@thenational.ae.
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The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
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Company%20Profile
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Killing of Qassem Suleimani
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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Engine: 2-litre or 3-litre 4Motion all-wheel-drive Power: 250Nm (2-litre); 340 (3-litre) Torque: 450Nm Transmission: 8-speed automatic Starting price: From Dh212,000 On sale: Now
COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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UAE gold medallists:
Omar Al Suweidi (46kg), Khaled Al Shehhi (50kg), Khalifa Humaid Al Kaabi (60kg), Omar Al Fadhli (62kg), Mohammed Ali Al Suweidi (66kg), Omar Ahmed Al Hosani (73), all in the U18’s, and Khalid Eskandar Al Blooshi (56kg) in the U21s.
The Details
Article 15
Produced by: Carnival Cinemas, Zee Studios
Directed by: Anubhav Sinha
Starring: Ayushmann Khurrana, Kumud Mishra, Manoj Pahwa, Sayani Gupta, Zeeshan Ayyub
Our rating: 4/5
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Some of Darwish's last words
"They see their tomorrows slipping out of their reach. And though it seems to them that everything outside this reality is heaven, yet they do not want to go to that heaven. They stay, because they are afflicted with hope." - Mahmoud Darwish, to attendees of the Palestine Festival of Literature, 2008
His life in brief: Born in a village near Galilee, he lived in exile for most of his life and started writing poetry after high school. He was arrested several times by Israel for what were deemed to be inciteful poems. Most of his work focused on the love and yearning for his homeland, and he was regarded the Palestinian poet of resistance. Over the course of his life, he published more than 30 poetry collections and books of prose, with his work translated into more than 20 languages. Many of his poems were set to music by Arab composers, most significantly Marcel Khalife. Darwish died on August 9, 2008 after undergoing heart surgery in the United States. He was later buried in Ramallah where a shrine was erected in his honour.
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
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Engine: 1.5-litre 4-cylinder petrol
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A timeline of the Historical Dictionary of the Arabic Language
- 2018: Formal work begins
- November 2021: First 17 volumes launched
- November 2022: Additional 19 volumes released
- October 2023: Another 31 volumes released
- November 2024: All 127 volumes completed
UAE currency: the story behind the money in your pockets
Dr Amal Khalid Alias revealed a recent case of a woman with daughters, who specifically wanted a boy.
A semen analysis of the father showed abnormal sperm so the couple required IVF.
Out of 21 eggs collected, six were unused leaving 15 suitable for IVF.
A specific procedure was used, called intracytoplasmic sperm injection where a single sperm cell is inserted into the egg.
On day three of the process, 14 embryos were biopsied for gender selection.
The next day, a pre-implantation genetic report revealed four normal male embryos, three female and seven abnormal samples.
Day five of the treatment saw two male embryos transferred to the patient.
The woman recorded a positive pregnancy test two weeks later.
Read more about the coronavirus
The specs
Engine: 2.5-litre, turbocharged 5-cylinder
Transmission: seven-speed auto
Power: 400hp
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Squid Game season two
Director: Hwang Dong-hyuk
Stars: Lee Jung-jae, Wi Ha-joon and Lee Byung-hun
Rating: 4.5/5
Farasan Boat: 128km Away from Anchorage
Director: Mowaffaq Alobaid
Stars: Abdulaziz Almadhi, Mohammed Al Akkasi, Ali Al Suhaibani
Rating: 4/5
Killing of Qassem Suleimani