Etisalat Group aggregate subscribers as at 31 December 2020 was 154 million, reflecting a net addition of 5.4 million during the last 12 month period due to strong subscriber acquisition in Mali, Burkina Faso, Chad, Saudi Arabia, Togo and Benin. Quarter over quarter subscriber base increased by 3%.
Consolidated capital spending decreased by 27% to AED 2.9 billion, representing 23% of the consolidated revenues.
Consolidated capital expenditure decreased year over year by 27% to AED 2.9 billion in the fourth quarter of 2020 resulting in a capital intensity ratio of 23%. This decrease is mainly attributed to lower capex spend in the UAE.
Full year capital expenditure decreased by 20% to AED 7.1 billion resulting in capital intensity ratio of 14%, 3 percentage points lower than the prior year.
Maya Grinberg is a careers Reporter for Tech News vision make it. Prior to joining Tech News Vision, she worked as a fiction stories and a freelancer for magazine, where she eventually worked her way up to careers editor. During this time, she created daily content for own website and worked with the research team to create content. she developed some own Newswebsite.