The United Arab Emirates' second-largest telecom said it would invest $680 million to expand its
network after more than doubling its quarterly profit compared with a year earlier on a 51% increase in subscribers, said the Dubai-based Emirates Integrated Telecommunications, also known as Du. The telecom, which markets mobile, fixed-line and broadband services, said it wanted to attract more customers who spent heavily on services such as high-speed Internet.

Full Story:

Related Summaries