Mubadala Investment Company, the Abu Dhabi sovereign investor, will invest $500 million in Brightspeed, a US-based broadband and telecommunications services company.
RIYADH: Driven by strong business growth, UAE-based telecom giant e& reported 13 billion dirhams ($3.54 billion) in consolidated revenue in the first quarter of 2023. At constant exchange rates, revenue increased by 6.6 percent. Consolidated net profit reached 2.2 billion dirhams while consolidated earnings before interest, taxes, depreciation and amortization came in at 6.2
Mubadala Investment Company, the Abu Dhabi sovereign investor, will invest $500 million in Brightspeed, a US-based broadband and telecommunications services company.