Prime Highlights :
- e&’s subscriber base surged 30.8% year-on-year, reaching 248 million globally in Q1 2026.
- EBITDA grew 16.5% year-on-year to AED 8.6 billion, reflecting strong operational performance.
Key Facts :
- e& is a UAE-headquartered global technology group operating across telecom, digital services, and AI-driven connectivity solutions.
- e& UAE’s home subscriber base reached 16.6 million, up from 15.3 million in Q1 2025.
Background :
UAE-based international technology firm e& has released its Q1 2026 financial results, showing consolidated revenue of AED 19.4 billion (USD $5.28 billion), marking a 15.1% year-over-year growth.
In addition, the company reported consolidated net profit of AED 2.9 billion, achieving a year-over-year growth of 3.9%, excluding profits from the sale of Khazna. EBITDA climbed 16.5% year-on-year to AED 8.6 billion, signalling healthy operational performance across the group.
The group’s subscriber base recorded its sharpest growth, rising 30.8% year-on-year to reach 248 million subscribers. In its home market, e& UAE added to this momentum, with its subscriber base growing to 16.6 million, driven by rising adoption of next-generation connectivity solutions and AI-powered applications now central to customer experience.
Group CEO Masood M Sharif Mahmood attributed the results to the company’s agile business model and proactive risk management. He said the group’s international diversification had helped sustain growth both at home and across global markets, even amid regional and economic pressures.
Mahmood highlighted that despite various regional difficulties encountered recently, e& kept playing its part for the country through business continuity, network resiliency, and allowing work from home and learning-from-home services. According to him, Q1 performance clearly showed how resilient and committed the company remained toward sustainable value creation for its shareholders.
The performance proves that e& is indeed one of the most diversified and financially stable technology firms in the region, considering the increasing numbers of subscribers and earnings.
