30/11/2017 07:56 AST

Etisalat is going to charge Dh25 as late payment fees from next month if a subscriber does not pay the bill in full before the due date. Some customers have received SMSs and emails from etisalat's customer care on Wednesday.

An etisalat customer care representative said the late-payment fee will be applicable from December onwards and this is the first time the operator is going to charge a customer for non-payment.

Etisalat's official spokesperson later confimed the decision. "Usually, the due date for a landline bill is 15th of every month and if a customer is not paying by the due date, he/she will attract a late payment charge," etisalat said.

The late payment charges are applicable both to the landline as well as mobile. Sukhdev Singh, associate vice-president at market research and analysis services provider AMRB, told Gulf News, that this is something that is not common in the region.

"It is a common factor in the telecoms sector in other parts of the world. Given the UAE has evolved, telecom operators in the UAE have been very flexible in terms of payments," he said. However, he said that etisalat has the right to do so and it is high time. The cost of unpaid bills is a burden on the telecom operators and the consumers will take some time, maybe a quarter, to adjust.

"I expect operators to be flexible till customers get used to it as it is not a norm in the region," he said.

A du spokesperson said that they are not going to charge late payment fees. Another industry expert said that with the value-added tax also going to impact a customer from January, this [late-payment fee] will add an additional burden on a customer.


Gulfnews

Etisalat slashes roaming rates for data, texts and calls

03/04/2018

Etisalat has announced it has reduced its roaming rates for voice calls, SMS and data starting from April 1.

It said in a statement that pre- and post-paid customers will benefit discounte

The National

Etisalat clears full-year 2017 dividends of 80 fils per share

22/03/2018

At Etisalat's annual general meeting, held at the company's headquarters in Abu Dhabi, shareholders have backed the board's recommendation to pay full-year 2017 dividends of 80 fils per share. The AG

The Gulf Today

Etisalat plans $2b buyback, shares climb

07/03/2018

Etisalat, the biggest telecommunications company in the UAE, is seeking to buy back stock valued at as much as $2 billion. The shares climbed. The board of Emirates Telecommunications Group, also kno

Gulf News

Ticker Price Volume
NAYIFAT 13.94 229,739
RIBL 24.84 6,676,931
ABC 0.35 370,000
ALRAJHI 85.00 7,711,297
A.OTHAIMMARKET 11.90 545,416
ZAINKSA 10.82 1,868,409
IHGS 4.20 344,581
EAND Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Ticker Price Change
ORDS 11.27 -0.18 (-1.58%)
ZAIN 477.00 5.00 (1.05%)
OOREDOO 1,051.00 12.00 (1.15%)
STC.KW 550.00 2.00 (0.36%)
VFQS 1.83 -0.02 (-1.03%)
EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula