Job Vacancies In Du Telecom
Du Telecom : Emirates Integrated Telecommunications Company,commercially rebranded as du in February 2007, is one of the two telecom operators in the United Arab Emirates (the other one being Etisalat). du offers fixed line, mobile telephony, internet and digital television services across the United Arab Emirates.Du’s official name is Emirates Integrated Telecommunications Company (EITC). It was commercially branded as du in February 2007. The company had 4.5 million subscribers as of the end of March 2011. The company launched mobile telecommunication services in February 2007 across the UAE and it reported its 2008 full year results in February, revealing it had added 1.88 million mobile customers over the 12 months. Revenue of $1.08bn was 157% up on the previous year. Before the launch of services in 2006, shareholders offered 20% of their shares in an IPO. Emirates Bank and Emirates Financial services managed the share sale.Du Telecom…
EITC is 39.50% owned by Emirates Investment Authority (EIA), 20.08% by Mubadala Development Company, 20% by Emirates Communications & Technology Company LLC (ECT) and 20.92% by public shareholders.It is listed on the Dubai Financial Market (DFM) and trades under the name du.In 2012 du achieved like for like revenues of AED 10.16 billion (reported revenue AED 9.8 billion), an increase of 14.71% on 2011. The company acquired 1,241,251 net new mobile customers and they estimate overall market share as 48.7% and value share as 32.5% in their Consolidated Financial Statements for 2012..Mobile data revenue increased by 74% on 2011 taking overall data revenues to AED 1.76 billion for 2012, an increase from 2011 data revenues at AED 1.01 billion.The company’s EBITDA growth for the 2012 was AED 3.99 billion, 37.10%, representing an EBITDA margin of 39.37% for 2012. Net profit before royalty grew by 55.81% to reach AED 2.82 billion in 2012. The Federal Government confirmed the royalty charge for 2012 at 5% of revenue and 17.5% of profit, resulting in net profit after royalty of AED 1.98 billion.
Current Vacancies – Du Telecom