As its global subscriber base surpassed 200 million, UAE-based telecommunications and technology group e& recorded third-quarter 2025 revenues of AED 18.6 billion (USD 5.06 billion), marking a 29.2 per cent increase from a year earlier. For the first nine months of 2025, revenues rose 25.3 per cent year-on-year to AED 53.5 billion (USD 14.57 billion).
Driven by solid growth across all business segments, e& reported a consolidated net profit of AED 3 billion (USD 820 million) in Q3 2025 and AED 11.8 billion (USD 3.21 billion) for the first nine months, representing a 39.7 per cent year-on-year rise. EBITDA for the third quarter increased 29.2 per cent to AED 8.4 billion (USD 2.29 billion) with a margin of 45.0 per cent, while nine-month EBITDA grew 22.3 per cent to AED 23.8 billion (USD 6.48 billion) at a margin of 44.4 per cent.
The company’s total subscriber base expanded 14 per cent to 202.2 million during Q3 2025. In the UAE, rising demand for advanced digital services and intelligent connectivity solutions lifted subscriber numbers to 15.7 million, up 6.9 per cent.
“Building on first-half momentum, our third-quarter performance reflects consolidated revenue growth of 29.2 per cent year-on-year to AED 18.6 billion. Across our verticals, we continue to achieve strong growth while investing in next-generation digital infrastructure, AI capabilities and partnerships. These results highlight our role as a driver of national and regional growth, strengthening the UAE’s digital leadership and expanding our global presence. As we near our 50-year milestone, we are shaping the next decade—fortifying the UAE’s digital foundation and fostering inclusive, high-impact innovation—to create sustainable value beyond our Golden Jubilee.”
In the third quarter of 2025, e& advanced its regional connectivity ambitions through a strategic partnership with 4iG Group, a leading telecom and infrastructure provider based in Hungary and the Western Balkans. The collaboration aims to explore joint initiatives in subsea and terrestrial networks, large-scale data centres, and interconnection corridors linking the Middle East, North Africa, and Europe.
In the UAE, the group’s telecom arm, e& UAE, achieved notable technological milestones, including the launch of the region’s first 5.5G network—setting a new global standard for speed, reliability, intelligence, and sustainability.
In the entertainment space, STARZ ON, evision’s AVOD/FAST platform, continued its strong momentum with over 750,000 monthly active users, representing a near 65 per cent year-on-year increase.
Within the enterprise sector, e& Enterprise sustained its geographic and technological expansion, maintaining robust performance across the Middle East, Africa, and Europe, while accelerating the adoption of AI, cloud computing, and cybersecurity solutions.
e& International’s acquisition of Telenor Pakistan by PTCL has received regulatory approval from the Competition Commission. Once completed, PTCL will emerge as Pakistan’s second-largest operator with over 42 million subscribers. In Morocco, Maroc Telecom (MT) secured a 5G licence and an additional 120 MHz of spectrum to enable nationwide deployment and prepare for commercial rollout.
