etisalat posted consolidated revenue of AED 19.5 billion for the third quarter of 2026, up 6.9 per cent year-on-year, while the completed sale of its Vodafone Group stake pushed quarterly net profit to AED 11.2 billion.
Revenue for the first nine months of 2026 reached AED 57.6 billion, a 10.0 per cent increase. Net profit over the same period climbed 45.9 per cent to AED 17.2 billion, supported by progress in connectivity, sovereign digital infrastructure and AI.
Third quarter EBITDA rose 5.1 per cent to AED 9.0 billion, with a margin of 46.1 per cent. For the nine months, EBITDA grew 10.3 per cent to AED 26.7 billion at a margin of 46.4 per cent.
The Vodafone divestment generated total consideration of AED 21.9 billion, including the final dividend and a gain of about AED 8.0 billion, giving the group added financial flexibility.
The subscriber base reached 254.8 million, up 29.4 per cent, with UAE subscribers rising 5.2 per cent to 16.5 million.
Marking its 50th anniversary, the company has outlined a vision to become a leading AI-powered telco under the etisalat name. It also plans to lift international connectivity capacity to more than 500 terabits per second by 2030, over 25 times current levels, alongside new routes aimed at faster and more reliable performance.
Group CEO Masood M. Sharif Mahmood said the results reflect the strength of the core connectivity business and disciplined execution. He added that as AI moves deeper into enterprise and government operations, secure infrastructure and fast connectivity become more critical, giving the etisalat name, which means “communications”, a renewed purpose.
News Source: Emirates News Agency
