Etisalat Reports Record Financial Results for First Nine Months of 2026

Etisalat Achieves Record Performance in 2026

Etisalat has officially announced its remarkable financial results for the first nine months of 2026, showcasing substantial growth and a promising outlook for the telecommunications giant. With a consolidated net profit of AED 17.2 billion—up by 46% compared to the previous year—the company continues to solidify its position as a leader in the digital and telecommunications sectors. This achievement comes on the heels of growing subscriber numbers and strategic advancements in technology and infrastructure.

Financial Highlights

For the first three quarters of 2026, Etisalat's consolidated revenue reached AED 57.6 billion, marking a 10% increase from the previous year. The company reported a Q3 2026 revenue of AED 19.5 billion, a 6.9% growth year-over-year. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) amounted to AED 26.7 billion for the first nine months, reflecting a 10.3% year-over-year increase. Notably, the EBITDA margin stood strong at 46.4%.

The total subscriber base surged to 254.8 million, an impressive growth of 29.4% compared to the same period last year, indicating robust demand for advanced digital services and smart connectivity solutions. In the UAE specifically, subscriber numbers increased to 16.5 million, driven by the popularity of innovative telecommunications offerings.

Strategic Initiatives

As part of celebrating its 50th anniversary, Etisalat has laid out an ambitious vision to evolve into a leading AI-driven telecommunications enterprise. This endeavor reflects a commitment to enhancing its core competencies in connectivity, digital services, cloud computing, cybersecurity, and FinTech, ensuring that it remains at the forefront of technological advancement in the region.

Etisalat's Group CEO, Masood M. Sharif Mahmood, spoke about the company's direction, emphasizing the importance of secure digital infrastructure to support new technologies. He stated, "Our performance underscores the resilience of our business model and the discipline with which we convert opportunities into tangible results. We are committed to creating a sustainable future and enhancing the economies we serve."

International Connectivity Goals

In line with the UAE's vision of becoming a global hub for advanced technologies, Etisalat plans to expand its international connectivity capacity to over 500 Terabits per second (Tbps) by 2030, a massive 25-fold increase from its current capabilities. This expansion will facilitate improved efficiency and lower latency, crucial for supporting the demands of a knowledge-based economy.

Conclusion

Etisalat’s impressive results for the first nine months of 2026 not only showcase the company's strong performance but also highlight its forward-thinking approach to the future of telecommunications and digital economic development. With a focus on sustainable growth and technological innovation, Etisalat is poised to strengthen its brand identity and continue serving as a critical player in the global telecommunications landscape. As it moves toward its next 50 years, the journey promises to be as transformative as ever, with exciting developments on the horizon that will redefine connectivity and digital services.