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Du’s infrastructure investments hit AED 2bn in 12 yrs – Chairman

Du’s infrastructure investments hit AED 2bn in 12 yrs – Chairman
Du’s infrastructure investments amounted to about AED 1.3 billion in 2018
DU
DU
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Dubai – Mubasher: Emirates Integrated Telecommunications Co (du) has invested as much as AED 2 billion in infrastructure over the past 12 years, the company’s chief executive said.

The company’s infrastructure investments amounted to about AED 1.3 billion in 2018, Osman Sultan told CNBC Arabia.

He stressed that du, the UAE’s second telecom operator, has no plans to stop its investments in infrastructure projects.

During the GITEX’s second day, ConsenSys announced a partnership with du to provide blockchain-based solutions and services to the country’s government institutions.

Dubai is currently hosting GITEX Technology Week 2018, which is taking place at the Dubai World Trade Centre (DWTC) from 14 to 18 October.

During the first six months of 2018, du reported an 18.8% year-on-year profit growth, logging AED 965 million from AED 812 million