Monday, 24 July 2017

Etisalat Q3 earnings hit by forex losses

By Nick Wood, Total Telecom
Wednesday 28 October 15

U.A.E.-based telco reports 1% dip in quarterly revenue; net profit slides 9%.

Etisalat on Wednesday reported a fall in third quarter revenue and net profit, largely driven by foreign exchange losses. In the three months to 30 September, the U.A.E-based telco generated revenue of 13 billion dirhams (&euro…

Etisalat on Wednesday reported a fall in third quarter revenue and net profit, largely driven by foreign exchange losses. In the three months to 30 September, the U.A.E-based telco generated revenue of 13 billion dirhams (&euro…

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