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MarketScreener Homepage  >  Equities  >  DUBAI FINANCIAL MARKET  >  Emirates Integrated Telecommunications Company PJSC    DU   AEE000701012

EMIRATES INTEGRATED TELECOMMUNICATIONS C

(DU)
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Emirates Integrated Telecmnctns Com : Du launches 5G mobile devices

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06/16/2019 | 01:35pm EDT

Abu Dhabi: Emirates Integrated Telecommunications Company (EITC), du, on Sunday announced the launch of 5G-enabled devices in the UAE with the company selling the ZTE Axon Pro 10 devices to customers online and in retail stores.

“As a foremost technology leader tasked with enabling digital transformation, we are committed to accelerating 5G adoption by providing advanced devices to consumers. The transformative potential of 5G will have a large social and economic impact on the country, and we are proud to be leading the evolution towards a faster, more connected future,” said Fahad Al Hassawi, Deputy CEO – Telco Services, EITC in a statement.

5G-ready ZTE Axon Pro 10 devices are available to customers in the UAE through some of du’s retail stores and the online shop. Devices are also currently being distributed to customers who have preregistered their interest in owning 5G-ready devices.

Du was the first to launch 5G demonstrations in the UAE through its experiential 5G showcases and suhoors throughout the month of Ramadan.

(c) Al Nisr Publishing LLC 2019. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (AED)
Sales 2019 12 787 M
EBIT 2019 3 933 M
Net income 2019 1 826 M
Finance 2019 2 046 M
Yield 2019 6,19%
P/E ratio 2019 14,6x
P/E ratio 2020 13,9x
EV / Sales2019 1,84x
EV / Sales2020 1,64x
Capitalization 25 611 M
Chart EMIRATES INTEGRATED TELECOMMUNICATIONS COMPANY PJSC
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Emirates Integrated Telecommunications Company PJSC Technical Analysis Chart | MarketScreener
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Average target price 6,66  AED
Last Close Price 5,65  AED
Spread / Highest target 24,2%
Spread / Average Target 17,8%
Spread / Lowest Target 15,0%
EPS Revisions
Managers
NameTitle
Osman Sultan Chief Executive Officer
Mohamed Hadi Ahmad Adbulla Al-Hussaini Chairman
Farid Faraidooni Chief Operating Officer & Deputy CEO
Kais ben Hamida Chief Financial Officer
Peter Larnholt Chief Information Officer
Sector and Competitors