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 Thursday, January 29, 2009

UAE's mobile subscriber base accounting of two wireless operators, Etisalat and Du. Etisalat reached to 7.3 million in Q4'08 at December'08-end, rising from 6.37 million a year earlier. Etisalat's market share decreased from 77.24% in Septemberf08 to 74% at December'08-end whereas Du's market share rose from 22.76% to 26% in the same time period. The operator forecasts a 28.2% rise in net income at 2008-end to $2.5 billion. At the end of December Du had an estimated 3.05 million subscribers, up from 2.07 million a year earlier. Du's revenue is also expected to have grown by 8.6% in 2008, boosted by strong mobile revenue growth.

Source: Wireless Federation.