UAE telecom operator du (Emirates Integrated Telecommunications Company) delivered a resilient financial performance for the second quarter of 2026, reporting growth in revenue, profitability and operating margins despite softer market conditions and geopolitical uncertainty across the region. The results underscore the company's ability to sustain growth through disciplined cost management, continued investment in digital infrastructure, and steady demand for telecom services.
For the quarter ended June 30, du reported revenue of AED 4.08 billion, registering a growth of 4.6% from the previous year, whereas the revenue generated from services was up by 6.7% at AED 3.01 billion. The net profit of du witnessed a 9.8% rise to AED 798 million owing to efficient operation amidst a decline in customer activation due to regional turbulence.
The EBITDA of the firm grew by 9.2% to AED 1.99 billion, with the EBITDA margin increasing to 48.8%. In the first six months of 2026, du reported revenues of AED 8.2 billion, whereas net profits were recorded at AED 1.63 billion, registering a year-on-year rise of 12.6%.
Even though financial results have been impressive, the company admitted that the region's geopolitical situation influenced its customer base growth. The growth of the mobile subscriber base slowed down to 1.6%, whereas the growth of the fixed subscriber base reached 5.5% because of reduced activations caused by regional tensions.
However, du managed to maintain its operations under stable conditions throughout its mobile, fixed broadband, and enterprise sectors. The reasons behind that can be found in the variety of services offered and the consistent demand for services from customers.
Besides quarterly earnings, du is making efforts to enhance its growth strategy through investments in digital infrastructure like data centers and high-tech connectivity solutions. These investments, according to the management, will be geared towards meeting the growing demand for cloud services and AI processing capabilities.
Expanding their digital ecosystem will not only generate revenues but also help them solidify their standing in the fast-growing UAE telecom sector. This is consistent with the strategic direction that the country is trying to pursue in terms of being a tech hub.
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The company’s financial well-being was evidenced by an interim cash dividend of AED 0.26 per share that was agreed upon by du's Board, marking an 8.3% rise from the previous year. Even if there are still many regional uncertainties that may affect the business in the short term, it seems like the results the company has delivered lately show that its operational performance, prudent budgeting, and digital development efforts are capable of compensating for them. It remains to be seen if the company will be able to preserve its momentum for the rest of 2026.