The telecommunications sector in the UAE is going from strength to strength, growing 12.32% to Dh32.8 billion this year compared to Dh29.2 billion last year, Zawya reports.
A significant proportion of the revenue came from the mobile services at Dh25.5 billion, while internet services contributed Dh4.6 billion and fixed telephony services Dh2.7 billion.
The sixth Annual Sector Review Telecommunications Regulatory Authority (TRA) of the UAE revealed the country to have over 2.1 million fixed line subscriptions, 16.82 million mobile subscriptions and one million internet subscriptions.
Meanwhile, the number of active mobile subscriptions reached 6.8 million by the end of the year with a penetration rate of 199.3% - one of the highest penetration rates in the world.
Revenues generated from the mobile services rose sharply by 14.9% in 2014, thanks to a 16.9% increase in prepaid services from the previous year.
Zawya also notes a trend of customers signing up to higher speed internet services over time, with only 8% or residential customers subscribing to internet speed of 512 kbps by the end of 2014.
"The many positive trends illustrated within the review are a testament to the strategic vision and operational expertise of Etisalat and du, and also to the continued oversight of the sector by the TRA," commented Majed Sultan Al Mesmar, deputy director general for the TRA.
He added that operators' investment in high speed and advanced networks is starting to pay off, as testified by the performance of the internet services segment.
The percentage of internet subscribers using fibre technology rose by 14.7% in 2014. As at 2014, 88% of internet subscribers were connected using fibre technologies, while 46% of internet subscriptions involve triple play package.