Article: BRIEFING - ASIA TELECOMMUNICATIONS - JULY 20, 2009.

July 20, 2009, prepared by Asia Pulse (http:/ www.asiapulse.com), the real-time, asia-based wire with exclusive news, commercial intelligence and business opportunities.

UAE TELCO ETISALAT BOOKS US$1.3 BLN NET PROFIT IN H1

ABU DHABI - United Arab Emirates (UAE) telco Etisalat has announced its group consolidated financial results for the first half of 2009 revealing a net profit of AED 4.593 billion (US$1.3 billion).

The net profit for the same period in 2008 was AED 5.045 billion which included profit on sale of shares in Mobily of AED 892 million after federal royalty. Excluding this exceptional item, the net profit after federal royalty for ...

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