Emirates Telecommunications Group Co PJSC 2021 IR
The report highlights the transformation of Emirates Telecommunications Group Company PJSC (Etisalat Group) into the global technology and investment conglomerate e& in 2021. Financially, the company achieved a record consolidated net profit of AED 9.3 billion and consolidated revenue of AED 53.3 billion, representing a 3.2% year-over-year increase. Operationally, e& expanded its 5G network coverage to 95% in major UAE cities and was recognized as the world's fastest mobile network by Ookla for the second consecutive year. Additionally, the company's MSCI ESG rating was upgraded from BBB to A, reflecting its enhanced sustainability framework and commitment to reducing greenhouse gas emissions by 2030.
Company: Emirates Telecommunications Group Co PJSC
Sector: Technology & telecommunications
Country: United Arab Emirates
Year: 2021
Type: IR
Pages: 151
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Emirates Telecommunications Group Co PJSC
Integrated Report
The report highlights the transformation of Emirates Telecommunications Group Company PJSC (Etisalat Group) into the global technology and investment conglomerate e& in 2021. Financially, the company achieved a record consolidated net profit of AED 9.3 billion and consolidated revenue of AED 53.3 billion, representing a 3.2% year-over-year increase. Operationally, e& expanded its 5G network coverage to 95% in major UAE cities and was recognized as the world's fastest mobile network by Ookla for the second consecutive year. Additionally, the company's MSCI ESG rating was upgraded from BBB to A, reflecting its enhanced sustainability framework and commitment to reducing greenhouse gas emissions by 2030.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target