Q1 2017: A real disappointment
du recorded a modest 2.5% growth rate in its Q1 2017 revenues at AED3.166bn, with flat Mobile revenues and a decrease in its Broadcasting services revenues which was offset by increases recorded across Fixed and Wholesales service revenues. Indeed, in the face of the mobile market saturation in the UAE and increased pricing pressures from Etisalat, du’s Mobile revenues remained stable in Q1 2017, at AED2.234bn (70.5% of total revenues vs.
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