DUBAI — Emirates Integrated Telecommunications Company, commercially operating as du, has delivered strong financial performance for the first nine months ended September 30, 2026, reporting a 10.8 percent year on year rise in net profit to AED 2.4 billion ($653.51 million), supported by accelerating demand for enterprise cloud connectivity and consumer digital broadband services across the United Arab Emirates.
Consolidated nine month revenue climbed 6.2 percent year on year to reach AED 12.3 billion, underpinned by an expanding subscriber base and an agile macroeconomic domestic environment. Core service revenue advanced 6.8 percent to AED 9 billion, driven by sustained customer adoption across mobile, fixed broadband, and enterprise ICT solutions. Operational profitability strengthened in tandem, with earnings before interest, taxes, depreciation, and amortization (EBITDA) increasing 9.2 percent to AED 6 billion, expanding the operator's EBITDA margin by 1.3 percentage points to 48.7 percent.
Third quarter operational results demonstrated continued top line momentum, with quarterly turnover advancing 7.1 percent year on year to AED 4.1 billion. Net profit for the three month period grew 7.3 percent to touch AED 786 million,while EBITDA margins remained broadly stable at 47.7 percent. Growth was supported across all key segments,highlighted by a 3.9 percent rise in mobile revenue to AED 1.8 billion, a 7.1 percent expansion in fixed revenues to AED 1.2 billion fueled by home wireless adoption, and a 12.6 percent climb in wholesale and commercial device sales to AED 1.1 billion.
The operator continued to scale its subscriber footprint, with the total mobile customer base expanding 3.3 percent year on year to touch 9.5 million active accounts. High value postpaid subscriptions increased 6.4 percent to 2 million accounts,reinforced by demand from premium enterprise clients and commercial device rollouts, while prepaid accounts climbed 2.5 percent to 7.4 million. Fixed line customers expanded 5.2 percent to 756,000 subscribers, led by nationwide adoption of flexible wireless home broadband packages.
The operating period was marked by key structural milestones, led by du securing a 20 year renewal of its Public Telecommunications Licence alongside a three year extension of the federal royalty regime, providing long term regulatory clarity and operational stability. Further validating corporate governance, du was officially added to the MSCI UAE Standard Index and the FTSE All World Index after satisfying stringent global equity liquidity requirements. Capital expenditure for the nine month period reached AED 1.68 billion, up 19.1 percent year on year, reflecting targeted outlays across high density data center facilities and advanced wireless infrastructure, which supported operating free cash flow generation of AED 4.32 billion.
Fahad Al Hassawi, Chief Executive Officer of du, affirmed that the financial results reflect the resilience of the operator's business model and disciplined execution on purposeful growth. Al Hassawi emphasized that strategic capital investments in data center infrastructure, hyperscale cloud computing, and advanced low latency networks are actively transforming du beyond a conventional connectivity provider into a primary digital infrastructure engine at the center of the UAE economy.
