Dhiraagu Ends 2017 on a High Note with MVR 2.6 Billion in Earnings

Dhiraagu held their Annual General Meeting for 2017, passing to pay a dividend of MVR 11.81 per share.

Over a hundred shareholders attended the AGM held in Kurumba Maldives.

The telecommunications giant earned MVR 2.6 billion in 2017, with profits of MVR 898 million. The profits are to be disbursed to all shareholders at MVR 11.81 per share. This is an increment of 14.8 percent in share value compared to the previous year.

Taking a look into the past year’s performance, Dhiraagu reported that in 2017, their mobile customer base increased by nine percent. Additionally, their fixed broadband customer base increased by 18 percent.

2017 was a remarkable year for the company. After decades of red, Dhiraagu transformed to an orange-decked company, capable of taking on the challenges of a more connected, modern world. This was perhaps most exemplified by their new slogan ‘Take on Tomorrow’.

As such, in 2017, Dhiraagu embarked on new services and expansion of existing services. They expanded high speed fiber broadband services out of Male’ region to 20 islands across the nation. Customers were given more services, including Dhiraagu Pay, Dhiraagu TV and Dhiraagu mobile application.

Customers were also given more options to customize their experience; new postpaid and pre-paid plans were added to their product range.

As Dhiraagu marks 30 years in service this year, the company can boast of nationwide coverage and connectivity.

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