UAE telco Du reports surge in Q4 net profit

UAE telco, Du has announced that its fourth-quarter revenues rose by 13.6 per cent to reach AED2.74 billion (US$750 million), while net profit before royalty increased by 71.4 per cent year-on-year to AED852 million.

The company added 496,628 net new customers in the fourth-quarter, taking its customer base to 6.46 million at the end of last year.

In addition to customer growth across segments, an increase in data volumes and stronger ARPU played a significant role in Du’s continued growth in mobile revenues, which reached AED2.18 billion for the quarter, up 15.42 per cent on Q4 2011.

Mobile ARPU for the quarter increased to AED117.