Saudi MVNO Spearheads Du's Overseas Growth PlanMay 2012 | Company News Alert
UAE telecoms operator Emirates Integrated Telecommunications Company (du) has reported strong financial and customer growth for Q112, with mobile data growth being the primary catalyst for the 21.8% y-o-y increase in mobile revenue. However, BMI believes that local market saturation will soon constrain further organic growth opportunities and that du must, therefore, look to international markets. The company is assessing MVNO opportunities in Saudi Arabia and cautions that, unlike its regional rivals, it is not well-placed to enter new markets with a standard network operator business model.
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