Investor Presentaiton
Growth in local
currency despite
challenging
macroeconomic
conditions
■ Growth in 4G data and FTTH
subscribers
■ Double digit revenue growth
in local currency with growth in
all segments - mobile, fixed and
Ubank
▪ EBITDA grew slightly in local
currency impacted by increased
energy costs, FX and
inflationary pressure
■ Lower capital spending YoY
mainly due to spectrum
acquisition in previous year;
Capex focused on mobile and
fibre network rollout
PTCL Group
Subscribers (m)
25.2
25.7
25.9
Q3'21
Q2'22
Q3'22
EBITDA (AED m) and EBITDA Margin (%)
226
195
166
microfinance
Optel ufone Uank
4G
Revenue (AED m) and YoY Growth (%)
+12%
771
700
632
7%
-13%
-18%
Q3'21
Q2'22
Q3'22
Growth Y/Y in local currency
CAPEX (AED m) & CAPEX / Revenue (%)
1,219
158%
29%
28%
26%
142
173
25%
20%
27%
Q3'21
Q2'22
Q3'22
Excluding Spectrum
Q3'21
Q2'22
Q3'22
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