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etisalat Q3 profit hits Dh11.2 billion as Vodafone stake sale boosts earnings

gulfnews·about 20 hours ago
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Dubai: etisalat reported a consolidated net profit of Dh11.2 billion for the third quarter of 2026, supported by the sale of its stake in Vodafone Group, as revenue growth and a larger subscriber base strengthened its operating performance.

The UAE-based telecommunications group said quarterly revenue rose 6.9 per cent year-on-year to Dh19.5 billion, while consolidated revenue for the first nine months increased 10 per cent to Dh57.6 billion.

Net profit for the January-September period reached Dh17.2 billion, an increase of 45.9 per cent from a year earlier, according to the company’s financial results.

A major contributor to the third-quarter performance was the completion of etisalat’s sale of its entire holding in Vodafone Group.…

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