The Etisalat group has announced a net profit of up to 5%, up to AED 2.200 million, compared to AED 2.100 million a year ago. The Abu Dhabi-based telecommunications operator, which operates in 16 markets in the Middle East, Africa and Asia, announced in a statement to the Abu Dhabi Stock Exchange that its revenues grew 2%. to reach 13 billion dirhams. The operator's statement does not elaborate on its activities in the UAE, but indicates that its subscriber base reached 12,6 million in the first quarter, while it reached 143 million, an increase of 2% from the previous year. "Etisalat's strong first-quarter performance is a promising start to 2019, an extension of our achievements last year and a testament to making the digital future a vector of empowerment. Business Said Saleh Abdullah Al Abdooli, Etisalat Group CEO He said that Etisalat would continue its efforts to modernize the network and invest in future technologies such as IoT and AI optimized by the deployment of the 5G network, which will allow it to satisfy the growing aspirations of its customers and its business with solutions and innovative services. "We are confident that 5G will provide a wealth of opportunities in the socio-economic development of the UAE," the operator's profit, before interest, taxes, depreciation and amortization (EBITDA), a measure of operating performance of the company.39, a company, amounted to 6.6 billion dirhams, an increase of 2% over the previous year.