Emirates Integrated Telecommunications Co PJSC (DU)

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News

22 April 2020 09:59 AM du achieves AED 355m profits in Q1-20

Dubai – Mubasher: The net profits of Emirates Integrated Telecommunications Company (du) decreased by nearly 20.1% to AED 355.117 million during the first quarter (Q1) of 2020 from AED 449.463 million during the same quarter of 2019. The company's …

Financial Results

15 April 2020 10:18 AM du's shareholders approve AED 0.21/shr dividends for H2-19

Dubai – Mubasher: The ordinary general meeting (OGM) of Emirates Integrated Telecommunications Company (du) has agreed on distributing cash dividends of AED 0.21 per share for the second half (H2) of 2019. The dividend pay-out for H2-2019 brings …

General Assembly

23 March 2020 10:25 AM du's board proposes AED 0.21/shr dividends for H2-19

Dubai – Mubasher: The board of Emirates Integrated Telecommunications Company (du) has recommended to pay out  AED 0.21 per share as cash dividends for the second half (H2) of 2019, amounting to AED 951.91 million. This proposal will bring the …

Cash Dividends

11 February 2020 11:44 PM du reports AED 1.7bn profits in 2019

Dubai – Mubasher: Emirates Integrated Telecommunications Company’s (du) net profit totalled AED 1.73 billion in 2019, down by 1.3% when compared to AED 1.75 billion in FY18. The company’s revenue went down by 6.2% YoY to AED 12.59 billion, …

Financial Results

5 February 2020 05:54 PM Batelco teams up with du to launch 5G int’l roaming in UAE

Mubasher: Bahrain’s leading digital solutions provider Batelco announced its partnership with Emirates Integrated Telecommunications Company (du) to deliver 5G international roaming services in the UAE. Making Batelco the first Bahraini operator …

Companies Investments

9 November 2019 04:35 PM du reaches 2 Gbps download speed

Dubai – Mubasher: Emirates Integrated Telecommunications Co (du) has announced the achievement of the world’s highest peak throughput over a 5G standalone network, exceeding 2 Gbps download speed. A peak throughput of 1.8 Gbps was achieved at …

Companies Investments

30 October 2019 11:37 AM du sees 13.5% lower profit in Q3-19

Dubai – Mubasher: Emirates Integrated Telecommunications Co (du) reported a 13.5% year-on-year drop in net profits attributed to shareholders during the third quarter of 2019. The profits totalled AED 381.2 million ($103.8 million) in Q3-19 when …

Financial Results

10 October 2019 03:00 PM du, Nokia, SRTIP ink strategic agreement to develop innovative initiatives for Sharjah

Dubai – Mubasher: du, from Emirates Integrated Telecommunications Company (EITC), announced it has signed a strategic teaming agreement with Nokia and the Sharjah Research, Technology and Innovation Park (SRTI Park). Under the agreement, a …

Macroeconomics

10 October 2019 01:01 PM du, Abu Dhabi School of Management ink MoU to support U5GIG programme

Dubai - Mubasher: du, from Emirates Integrated Telecommunications Company (EITC), announced it has signed a memorandum of understanding (MoU) with Abu Dhabi School of Management (ADSM) to collaborate on the development of 5G, artificial …

Companies Investments

10 October 2019 10:24 AM Du, Ajman X pens MoU to develop U5GIG platform

 Dubai - Mubasher: du, from Emirates Integrated Telecommunications Company (EITC), announced it has signed a memorandum of agreement (MoU) with Ajman X to develop a 5G, artificial intelligence (AI), and Internet of Things (IoT) platform under the …

Company News

10 October 2019 09:25 AM du, Wipro partner up to launch IoT security platform in UAE

Dubai - Mubasher: du, from Emirates Integrated Telecommunications Company (EITC), announced it has entered a partnership with Wipro Limited, a leading global information technology, consulting and business process services company, to roll out …

Company News

10 October 2019 09:01 AM RTA, du ink MoU to provide free Wi-Fi onboard buses, marine transport

Dubai – Mubasher: Dubai’s Roads and Transport Authority (RTA) has signed a memorandum of understanding (MoU) with du, from Emirates Integrated Telecommunications Company (EITC), to offer Free Wi-Fi UAE onboard public buses, marine transit modes, …

Corporate Actions

8 October 2019 11:11 AM du, NXN, TELUS Health to roll out eHealth solution portfolio in UAE

Dubai - UAE: A consortium comprising du, from Emirates Integrated Telecommunications Company (EITC), NXN, and TELUS Health announced collaboration to launch the TELUS Health eHealth solution portfolio in the UAE. This is a major step in developing …

Corporate Actions

7 October 2019 10:20 AM du partners with Exponent Technology Solutions to launch drone-powered solutions

Dubai - Mubasher: du, from Emirates Integrated Telecommunications Company (EITC), announced it has entered a partnership with Exponent Technology Solutions to offer drone-powered solutions across the UAE. These solutions include Drones as a …

Company News

15 September 2019 09:04 AM UAE’s EITC appoints new CEO

Dubai – Mubasher: Emirates Integrated Telecommunications Company (EITC), on Sunday announced it has appointed Johan Dennelind as its new Chief Executive Officer (CEO). Johan will be EITC’s CEO in early 2020, replacing Osman Sultan who recently …

Management Decisions

29 July 2019 00:13 PM du to launch 2nd phase of 5G in UAE by end-2020

Dubai – Mubasher: Emirates Integrated Telecommunications Co (du) plans to launch the second phase of the 5G network in the UAE by the end of 2020, the company’s chief infrastructure officer Saleem Al Balooshi said. The currently being offered 5G …

Company News

29 July 2019 09:37 AM du, wi-tribe Pakistan to develop submarine cable

Abu Dhabi – Mubasher: Emirates Integrated Telecommunications Co (du), listed on the Abu Dhabi Securities Exchange (ADX), on Monday announced it has signed a commercial agreement with wi-tribe Pakistan LDI (Private) Ltd, a subsidiary of HB …

Companies Investments

25 July 2019 11:57 AM UAE’s du targets AED 1bn savings by 2020

Dubai – Mubasher: Emirates Integrated Telecommunications Co (du) aims to achieve financial savings of up to AED 1 billion by 2020 as part of its plan to boost the company’s operating efficiency and to cut expenses, the company’s CEO Osman Sultan …

Companies Investments

23 July 2019 06:03 PM du posts $126.3m profit in Q2-19; board proposes $160.35m dividends

Dubai – Mubasher: Emirates Integrated Telecommunications Company (DU) has reported a 2.5% year-on-year profit increase during the second quarter of 2019. du’s profit after royalty went up to AED 464 million ($126.3 million) in Q2-19 versus AED 453 …

Cash Dividends

7 July 2019 03:51 PM UAE’s du becomes MENA’s 1st VMware Cloud verified provider

Dubai - Mubasher: Emirates Integrated Telecommunications Company’s (EITC) du has become the first VMware Cloud verified provider in the MENA region. This accreditation strengthens du’s ability to bolster the cloud computing business for government …

Corporate Actions

24 June 2019 09:06 AM Du inks JV deal with Bahrain’s Batelco

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du), listed on the Dubai Financial Market (DFM), on Monday announced it has signed a joint venture (JV) agreement with Bahrain Telecommunication Company (Batelco). Upon the …

Companies Investments

16 June 2019 10:16 AM Emirates Investment Authority buys 10% stake in DU

Dubai - Mubasher: Mamoura Diversified Global Holding, formerly known as Mubadala Development Company, and General Investments FZE sold a total of 463.26 million shares in Emirates Integrated Telecommunications Company (DU) to the Emirates …

Corporate Actions

4 June 2019 09:52 AM DU offers fastest 5G live experience in MENA

Dubai – Mubasher: Emirates Integrated Telecommunications Company (du) announced its collaboration with China-based ZTE to provide the country residents with the fifth generation (5G) network technology. DU has become the first telecom operator in …

Companies Investments

30 May 2019 10:05 AM Du, ADIB renew data centre services deal

UAE – Mubasher: Emirates Integrated Telecommunications Company (du) announced it has renewed its partnership with Abu Dhabi Islamic Bank (ADIB) to provide dynamic class leading data centrE services. Under the agreement, du will maintain delivering …

Company News

25 April 2019 09:40 AM Du to invest AED 1.6bn in infrastructure development

Dubai – Mubasher: Emirates Integrated Telecommunications Company (DU) plans to invest around AED 1.6 billion in infrastructure projects this year, the CEO of the telecoms provider said. These investments involve building fifth generation (5G) …

Companies Investments