Vodafone Qatar, an affiliate of Vodafone Group, made a smaller second-quarter loss in line with analysts' estimates as its mobile subscriber base increased by about a quarter and customers spent more on phone services. Vodafone, which ended Ooredoo's domestic monopoly in 2009, made a net loss of QAR75m ($20.60m) in the three months to September 30, according to Reuters calculation. That compares with a loss of QAR121.7m in the year-earlier period. The firm's financial year starts on April 1. Analysts polled by Reuters on average forecast Vodafone Qatar would make a quarterly loss of QAR75.8m. Quarterly revenue was QAR465.3m, up from QAR345.4m a year ago. Vodafone Qatar - 23 percent owned by parent Vodafone - had 1.19 million mobile customers as of September 30, up 27 percent from a year earlier, while average revenue per user - a key industry metric increased 5 percent to 124 riyals. http://www.arabianbusiness.com/vodafone-qatar-posts-smaller-q2-loss-526529.html
You have successfully registered your account!Please confirm your e-mail address by clicking on the URL sent to you.The e-mail usually arrives in 5-10 minutes.
Salam! Welcome to our brand new site! Looking good huh?
We’ve got loads of cool new features and to help make sure your account is secure, you’ll need to reset your password the first time you log in.
New to ILQ? What are you waiting for? Sign up!
How ajeeb was that!? Thanks for contributing to our community! Your post will appear after we take a quick look!