Emirates Integrated Telecommunications Company (EITC) has posted a revenue of AED11.08 billion ($3 billion) and a net income of AED1.44 billion for the year ended December 31, 2020 despite the tough operating environment caused by the pandemic. EITC’s Capital Expenditure increased by 24.1% year-over-year to AED1.87 billion, representing a capital intensity of 16.9%, its highest level over the last five years, as the company’s strong balance sheet enabled it to ...