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UAE mobile subscribers touch 18.7 million in H1 2017

abu dhabi - The number of subscribers in etisalat's mobile services amounted to 10.5 million

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The subscription base in UAE mobile phone services expanded 2.4 per cent during H1 2017 to 18.7 million subscribers from 18.26 million in the corresponding period last year.

According to etisalat, the number of subscribers in the company's mobile services amounted to 10.5 million during the first six months of the year, a growth of three per cent against the same period last year.

The service provider gets 57.5 per cent of the total mobile phone service market in the UAE, as per the company's H1 financial statements.

The number of subscribers in du services hit 8.2 million by the end of June, with the company posting a growth of 1.5 per cent during Q2. Mobile phone services represent the main source of returns for telecommunication service providers, accounting for 80 per cent of their total revenues, with other services comprising the remaining part.

The total revenues of UAE telecommunication providers during the first half of the year reached Dh31.7 billion - Dh25.3 billion for etisalat and Dh6.42 billion for du.

The net profits achieved by the two companies hit Dh4.9 billion during the first half of the year, while royalty charges for the same period stood at Dh4.2 billion, after the application of the new percentages enforced by the Ministry of Finance effective beginning of 2017. - Wam