The UAE's mobile phone market generated total revenues of more than AED20bn ($5.4bn) during 2012, according to a new report by the country's telecoms regulator.

The Telecommunications Regulatory Authority's (TRA) fourth annual review said the sector was "continuing to thrive".

According to the report, the UAE had almost 2 million fixed line subscriptions and the number of active mobile subscriptions continued to grow reaching around 13.8 million by the end of the year.

The report also said the UAE has one of the highest mobile penetration rates in the world.

In terms of the number of minutes used per mobile subscriber, this figure increased by 5.6% during the year, the report added.

The research reported that India continued to be the most popular destination for outgoing international calls, followed by Pakistan and the Philippines.

The study also highlighted that the number of internet service subscriptions has now reached around 958,000 and the percentage of internet subscriptions connected by fibre technology increased by 37.2%.

The proportion of broadband subscriptions that were bundled together with fixed line services and TV services increased from 17% in 2011 to 31% in 2012, with total revenue generated by internet services increasing by 15.2%.

The report also revealed that the number of people employed by phone operators Etisalat, Du and the TRA reached 7,961.