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du Ordinary General Meeting Celebrates Success and Announces Dividend of AED 0.12 per share [Mid-East.Info](Mid-East.Info Via Acquire Media NewsEdge) Dubai, UAE: Emirates Integrated Telecommunications Company ("du") today held its Ordinary General Meeting (OGM) at which the Shareholders approved the proposed interim dividend. Strong performance in revenues during the first six months of 2014 led to the Board proposing an interim dividend of 0.12 fils per share, an amount that was approved by Shareholders during today's OGM meeting. Shareholders that are registered in the company sharebook on Thursday 4 th September 2014 will be entitled to receive the interim dividend. du's robust fundamentals were presented for Q2 2014 demonstrating to an uptick in Fixed revenue of 30% as well as a 10% rise in Mobile revenue, fuelled by an increase in Post Paid customers. As such, for the first time revenues exceeded AED 3 billion in Q2 2014, a 13.7% increase on the second quarter of 2013. About du: We opened for business in 2006. We offer mobile and fixed telephony, broadband connectivity and IPTV services to individuals, homes and businesses. We also provide carrier services for businesses and satellite up/downlink services for TV broadcasters. As a rapidly-growing enterprise, we have a team of experts working to enhance and expand our bouquet of service offerings. Our people come from over 60 countries – we mirror the rich cultural diversity of our nation, while being able to serve our customers in a variety of languages. We remain committed to providing fulfilling opportunities for quality talent in a cosmopolitan working environment. By the end of Q1 2014, more than 7.5 million individual customers and over 80,000 businesses have chosen to use our services. In 2013 we were awarded the Dubai Chamber CSR Label for the second year in recognition of our continuing commitment to CSR best practice and the Small Energy Award – Golden Category at Emirates Energy Award for our LEED platinum-certified Fujairah retail shop. We were also awarded with the Premier Plan Best Business Service commsMEA awards in 2013 and the award Best Cloud Provider for Datamena at Telecom Review Industry Awards. du is 39.5 percent owned by Emirates Investment Authority, 20.08 percent by Mubadala Development Company PJSC, 19.5 percent by Emirates Communications and Technology LLC and the remaining stake by public shareholders. du is listed on the Dubai Financial Market (DFM) and trades under the name 'du' (c) 2014 mid-east.info Provided by SyndiGate Media Inc. (Syndigate.info). |