Dubai: Solid returns from its home market ensured e& (formerly Etisalat) strike net profits of Dh10 billion against Dh9.3 billion a year ago. It could have been higher if not for FX rate volatility in some of the international markets the UAE telecom giant operates in.

If not for that, ‘in constant currencies, e& delivered string operational and financial performance leading to an increase in revenue by 4.7 per cent’.