EL7.AI
StocksMediumUpdated×2•Originally published 27 October 2026•Updated 28 October 2026•
1 min read

Vodafone Stake Sale Gains Drive e& Net Profit to AED 17.2 Billion in 9M 2026

Key Facts

1Etisalat's consolidated net profit rose 45.9% year-on-year to AED 17.2 billion for the first nine months of 2026.
2Consolidated revenue grew 10.0% to AED 57.6 billion, while the total subscriber base increased 29.4% to 254.8 million.

Etisalat (e&) reported a consolidated net profit of AED 17.2 billion for the first nine months of 2026, marking a 45.9% year-on-year increase. The group achieved a Q3 net profit of AED 11.2 billion, significantly bolstered by an AED 8.0 billion gain from the sale of its entire stake in Vodafone Group for AED 21.9 billion.

Consolidated revenue grew 10.0% to reach AED 57.6 billion during the nine-month period. Zawya reported that the total subscriber base expanded by 29.4% to 254.8 million users by the end of September 2026, as the company continues to scale its digital infrastructure and global operations.

Latest Updates · 1

  1. Notable·

    Update: The group's revenue for the third quarter of 2026 alone reached AED 19.5 billion. This figure represents a 6.9% increase compared to the same period last year, contributing to the total nine-month revenue of AED 57.6 billion.

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