Etisalat Reports Strong Revenue and Profit Growth in Q3 2026

ABU DHABI, UAE, Oct. 27, 2026 /CourierPR/ -- Etisalat, the UAE-based telecommunications company, reported strong financial performance for the first nine months of 2026, highlighting a significant increase in both revenue and net profit. Consolidated revenues for the period reached AED 57.6 billion, marking a 10.0 percent year-over-year (YoY) growth. The company's consolidated net profit for the same period amounted to AED 17.2 billion, a substantial 45.9 percent increase YoY.

Etisalat's subscriber base also saw growth, with a total of 254.8 million subscribers as of Q3 2026, representing a 29.4 percent YoY increase. In the UAE alone, the subscriber count rose by 5.2 percent YoY to 16.5 million, driven by the strong demand for advanced digital services and intelligent connectivity.

The company's earnings before interest, tax, depreciation, and amortization (EBITDA) for the quarter reached AED 9.0 billion, up 5.1 percent YoY, with a margin of 46.1 percent. For the first nine months of 2026, EBITDA grew to AED 26.7 billion, a 10.3 percent YoY increase, maintaining a margin of 46.4 percent. The company's total revenue for Q3 2026 was AED 19.5 billion, a 6.9 percent increase YoY.

In a significant transaction, Etisalat completed the sale of its entire stake in Vodafone Group, generating a total consideration of AED 21.9 billion, including the final dividend and a gain of approximately AED 8.0 billion. This transaction contributed to the group's financial performance during the quarter, providing additional financial flexibility.

Etisalat is celebrating its 50th anniversary by taking the name forward into a new era of growth, focusing on becoming a leading AI-powered and enabling telco. The company has set out to expand its international connectivity capacity to more than 500 terabits per second (Tbps) by 2030, an increase of over twenty-five times the current capacity. This expansion aims to enhance connectivity efficiency and reliability, delivering advanced, low-latency performance.

The company has built an integrated portfolio of advanced capabilities across AI, cloud computing, cybersecurity, digital services, and fintech, positioning itself as a key enabler in the AI era. Etisalat remains focused on enabling the networks of the future, anchoring the region's digital economies, and cementing the UAE's position at the heart of the global digital economy. As Etisalat embarks on its next fifty years journey, it renews its commitment to build on the UAE leadership's forward-looking vision and to continue investing with full confidence to compete and lead on the global scale.