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Etisalat Group Reports net profit increase of 51% compared to the same period last year












Etisalat Group Chairman H.E. Mohamed Eissa al-Suwaidi said: “We have succeeded in increasing our profits in the first half of 2016 and enhancing our performance in a way that fulfils our long fruitful journey.  Etisalat Group owes this success first and foremost to the continued support of the wise leadership of the United Arab Emirates, which has ensured that we continue to aspire forward with confidence and also to adapt to the rapid developments and changes faced by the telecom industry.”

Al Suwaidi added: “Our customers are vital to anything that we do and they are the main reason behind our success. We highly appreciate our customer’s trust, which pushes us to continue our hard work to meet their needs and aspirations in every market where we operate.  We consider the loyalty of millions of our customers for more than four decades as dearest to our hearts. This loyalty motivates us to continue to provide innovative solutions that allow us to offer our customers value-added services based on a set of values that reflects our deep understanding of their needs, and enhancing the customer experience in a way that meets the best international standards, and reflects on our customer’s satisfaction and happiness.”

His Excellency added: “I would also like to express my sincere thanks and appreciation to the management of Etisalat Group for the tangible changes that were performed in the last period, which resulted in achieving the results that we aspire to.  These changes contributed to creating a stimulating competitive environment, which helps raise the Group’s performance and level of innovation, while reflecting positively on the interests of our customers and shareholders alike.”

He reiterated: “Etisalat Group has a leadership role in the telecommunications and Information Technology sector worldwide. The strong financial results that were achieved in the second quarter of 2016 provide a solid ground for further growth in the rest of the year.  Through our fully-fledged expertise in the fields of telecoms, our ability to keep pace with the latest technological innovations, and our constant investment in the development of our infrastructure and networks, we are ready to fully contribute to the UAE’s vision 2021 and meet the aspirations of Expo 2020.”

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