du Revenue Increase by 8%, Reaches $1.06 Billion

Continuing the positive momentum established in the first quarter, du, Emirates Integrated Telecommunications Company, on Friday said that its revenues increased by 8.6% y-o-y, reaching $1.06 billion, marking strong performance across both service and non-service revenues, during the second quarter of the year.

Announcing the financial results for the second quarter of 2025, du said that EBITDA rose by 16.4% resulting in an EBITDA margin of 46.8%, a 3.1 percentage points improvement year-over-year, driven by our strategic focus on value-driven products and our disciplined cost management.

The mobile revenue rose by 7.7% y-o-y to $460 million reflecting sustained growth in the company’s customer base and the success of its targeted propositions and highly effective marketing campaigns.

Fixed revenue rose by 10.1% y-o-y reaching $300 million mainly driven by the ongoing expansion in Home Wireless and Fibre customer base. du witnessed encouraging traction in the SME segment, along with increased adoption of Office Wireless solutions-further cementing our position as a trusted partner for connectivity and productivity.

“Other revenues” recorded an 8.8% y-o-y growth to $300 million buoyed by higher inbound roaming and interconnection revenues reflecting the company’s expanded Mobile base, higher handset sale, and growth in ICT revenues in line with our strategic ambition to broaden revenue streams beyond traditional connectivity.

EBITDA grew by 16.4% to $490 million, with the EBITDA margin improving by 3.1 points y-o-y to 46.8%. The uplift was fuelled by a stronger gross margin, mainly benefiting by a more favourable mix, with continued migration toward unlimited data plans. The company’s continued discipline around cost efficiency and collections also played a pivotal role in enhancing profitability.

Net profit rose by 25.1% y-o-y to $197.93 million, delivering a net profit margin of 18.6%. This reflects the strength of du’s operational performance and a clear focus on value creation for its shareholders.

The capex reached $148.38 million as against $120.34 for the corresponding last year, representing a capex intensity of 14%. This increase reflects the company’s commitment to scaling its data centre capabilities and supporting long-term digital infrastructure growth.

Delivery of Focussed Strategy

du Chairman Malek Al Malek said that their strong performance in the first half of 2025 reflected the effective delivery of our focussed strategy, underpinned by a favourable economic environment and sustained commitment to business excellence. The Board is confident in management’s customer-centric and agile approach, which reinforces du’s leadership in driving innovation and adaptability.

“We take pride in our strategic initiatives that contribute to advance the UAE digital agenda, expanding our ICT capabilities and accelerating the digital transformation. Through partnerships with global technology leaders, we are enabling sovereign hyperscale cloud and AI services from UAE-based data centres—empowering a smarter, more connected future for the Emirates. We continue to ensure disciplined capital allocation and sustained long-term value creation for our shareholders,” he said.

du’s CEO Fahad Al Hassawi said that the results showcased impressive performance, fuelled by the meticulous execution of their strategy and consistent growth across every aspect of the company’s operations.

du achieved double digit growth in both Mobile and Fixed subscriber base, underscoring market leadership and brand strength. It has advanced the network coverage and enhanced connectivity offering with the commercial rollout of 5G Advanced.

The fibre infrastructure also expanded significantly, supporting long-term demand for high-speed connectivity. The company launched the UAE’s first sovereign hyperscale cloud platform, the National Hypercloud, and made advances in deploying the UAE’s hyperscale data centre in collaboration with Microsoft, positioning us at the forefront of secure, AI-ready digital infrastructure, he said.