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UAE telecoms company Etisalat's quarterly profit up 7.6 pct| Reuters

Apr 19, 2015    

DUBAI (Reuters) - Abu Dhabi-listed Etisalat reported a 7.6 percent rise in first-quarter profit on Sunday, with its acquisition of a majority stake in Maroc Telecom having helped to lift revenue by nearly a third and its subscriber base by a fifth. Etisalat, which operates in 19 countries across the Middle East, Africa and Asia, made net profit of 2.18 billion dirhams ($593.6 million) in the three months to March 31, the company said in a statement, against 2.02 billion dirhams a year earlier.Two analysts polled by Reuters had forecast that the Gulf's No.2 telecoms operator by market value wou...

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