DUBAI: Telecom operator du’s first-quarter profit fell 1.43 per cent year-on-year to Dh480.1 million compared to Dh487.1 million, due to a 23.6 per cent increase in royalty fees.
Total revenues grew 1.3 per cent to Dh3.09 billion while mobile data revenue also increased by 8.9 per cent to Dh779 million compared to Dh715.6 million a year earlier Mobile revenue totalled Dh2.21 billion, a 0.9 per cent decrease compared to Dh2.23 billion a year earlier. Osman Sultan, du’s chief executive officer, told Gulf News the mobile market is more and more saturated. Moreover, the impact of the “My Number, My Identity” campaign is also putting pressure on revenues.
