Really poor achievements
Etisalat recorded a decrease by 3.7% in its Q2 2017 revenues at AED12.730bn, taking H1 2017 revenues to AED25.288bn, down 3.4%, yoy, due to weakened international performance, offsetting the sustained positive growth in its domestic market (vs. a slight increase by 1.3% planned for the whole year). Note that Q2 2017 revenues were impacted by unfavourable FX movements, mainly in Egypt, and in constant currencies, revenues would have increased by 2%, yoy.
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