Nine-month revenue rose 6.2% to AED 12.3 billion, and net profit up 10.8%

Dubai, UAE. 21 October 2026 – Emirates Integrated Telecommunications Company PJSC (du) reported its financial results for the third quarter of 2026, delivering steady performance as the business continued to stabilise after the disruption experienced earlier in the year. Sustained demand for connectivity and digital services, and a more stable macroeconomic environment supported a 6.2% year-on-year increase in revenue for the first nine months to AED 12.3 billion, with service revenues growing by 6.8% to AED 9.0 billion. EBITDA rose by 9.2% to AED 6.0 billion, reflecting disciplined execution, cost efficiency and operational agility, while EBITDA margin expanded by 1.3 percentage points to 48.7%. Net profit increased by 10.8% to AED 2.4 billion, underscoring the resilience of du’s operating model and its ability to deliver profitable growth.

Q3 2026 Highlights

  • du’s telecom licence was renewed for a further 20 years, and the royalty regime was extended for three years, providing long-term regulatory visibility and operating continuity.
    du was included in the MSCI UAE Standard Index and FTSE All-World Index after meeting the relevant inclusion requirements, primarily liquidity.
  • Customer base continued to expand, with Mobile and Fixed subscribers increasing by 3.3% and 5.2%, respectively, although the pace of subscriber growth moderated amid regional headwinds.
  • Revenue for the quarter grew by 7.1%, with growth across all segments, particularly in “Other revenues”.
  • Disciplined execution supported a broadly stable EBITDA margin of 47.7% for the quarter, while net profit increased by 7.3% to AED 786 million.

Fahad Al Hassawi, CEO commented: “Our nine-month results show the resilience of our business and our focus on growing with purpose. Revenue rose 6.2% to AED 12.3 billion, EBITDA grew 9.2% and net profit increased 10.8%, reflecting the strength of our operating model and our disciplined execution during a period of disruption. Our investments in data centres, cloud and advanced connectivity are extending our role beyond traditional connectivity and positioning du at the centre of the UAE’s digital economy. As enterprises and government entities digitise and scale, we aim to be their trusted partner. The renewal of our telecommunications licence for a further 20 years gives us the long-term clarity to plan with confidence. While external conditions remain uncertain, du remains fully committed to delivering for our customers and shareholders, and we are confident in the strength of the UAE’s economy and its prospects for the future.”

Customer base

In Q3 our Mobile customer base grew by 3.3% year-over-year, reaching 9.5 million subscribers. Postpaid rose 6.4% year-over-year to 2.0 million customers with sustained momentum in the premium consumer and enterprise segments and successful iPhone 18 launch. Prepaid grew by 2.5% to 7.4 million subscribers, reflecting attractive offers in easy and alo plans. 

In Q3 our Fixed customer base recorded a year-over-year growth of 5.2%, reaching 756,000 subscribers, fuelled by growth in home wireless, appealing to consumers looking for flexible, convenient and cost-effective solutions.

Q3 2026 Financial Highlights

  • Revenues rose by 7.1%