Whether 5G or AI, it is all starting to come together for Dubai’s du

Whether 5G or AI, it is all starting to come together for Dubai’s du

Dubai: It’s pay-off time for the Dubai-headquartered telecom du. Or the Emirates Integrated Telecommunications Co., if we are to go by its formal name.

Any way you want to call it, the numbers are starting to look good for the company. The H1-23 numbers follow a fairly solid set of financials for 2022, with du continuing a major network expansion and getting its infrastructure ready for the next-gen technologies. The subscriber base is growing, du’s higher margin products and services are in demand, and the heavy capex is getting results.

Fahad Al Hassawi, the CEO, is basking in the afterglow of the first-half ’23 numbers. This is what he had to say about what comes next for du.

Have your 5G subscriptions grown fast enough among individual customers? Or it still businesses being the biggest chunk of subscribers.

The proliferation of 5G subscriptions has substantially permeated the individual user segment. We attribute this, in no small part, to the monumental surge in the utilization of 5G services by private consumers.

Our network has experienced a noteworthy transition. The number of 5G-capable handset accounts continues to grow in comparison to all handsets served by our network. This clearly underscores the rapid adoption - and integral role