The substantial increase in charges left many residents financially burdened, as they strive to retrieve their stranded vehicles
“We’ve conducted trail... successfully... [and] we are assessing them,” he told Khaleej Times on the sidelines of the two-day Internet Show 2011 in the capital. He expected that within coming months, du will be able to give a date to launching this revolutionary mobile broadband technological advancement. The chief executive expected the telco would be able to achieve a 25 per cent growth in revenues in the year, the highest in the region. “So far our growth story is continuing. We don’t see this changing in the coming years,” said Sultan.
Du in August posted a 51 per cent rise in second quarter profit as it added more mobile and fixed-line subscribers, while revenue from data usage surged.
Sultan also said that following the commercial launch of infrastructure sharing between the country’s two telecom operators, there will be no Internet protocol television, or IPTV, for du. He said IPTV will “come later,” but declined to give a specific date.
Du shares last traded on Tuesday 0.3 per cent higher at Dh2.99 in a slightly positive overall market. On the capital expenditure in the year, he told Khaleej Times, it would range between Dh1.5-Dh1.7 billion. The expenditure will expand the fixed-line infrastructure, mobile phone network and create mobile broadband facilities to make the company more efficient and offer more quality services.
On much delayed launch of the Voice-over Internet Protocol, or VoIP, he said du is offering various products to its customers based on using VoIP.
However, in terms of offering the facility to the customers directly, allowing them to use the Skype on their mobile phones, he said: “We don’t have a date” for it.
The substantial increase in charges left many residents financially burdened, as they strive to retrieve their stranded vehicles
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