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Etisalat reports flat profit of AED2.2b in first-quarter despite Covid-19 outbreak

UAE-based telecom operator Etisalat reported a flat year-on-year net profit in the first quarter of this year to AED 2.2b amid lockdown due to Covid-19.

The operator’s revenues increased by 0.76% to AED 13.1b compared to AED13b a year ago.

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