vodafone qatar losses continue to narrow
Last Updated : GMT 21:50:34
Arab Today, arab today
Arab Today, arab today

Vodafone Qatar: losses continue to narrow

Arab Today, arab today

Arab Today, arab today Vodafone Qatar: losses continue to narrow

Doha - Arabstoday

Vodafone Qatar has reported a narrower third-quarter net loss partly on a rise in mobile subscribers, but the results missed analysts\' estimates. The firm, an affiliate of London-listed Vodafone, made a net loss of QR122m ($33.5m), according to Reuters calculations. This compares with a loss of QR144m in the same period a year ago. Two analysts forecast the firm, which starts its financial year on April 1, would post a quarterly loss of between QR113m and QR119m, according to a Reuters survey. Vodafone Qatar had 797,000 mobile customers as of December 31, up 12 percent from a year ago. In the quarter, it added 15,000 subscribers. \"Vodafone Qatar has continued to deliver improved financial results to shareholders by growing its mobile customer base,\" Sheikh Abdulrahman bin Saud Al-Thani, Vodafone Qatar\'s chairman said in an emailed statement. Vodafone Qatar, which ended Qatar Telecom\'s (Qtel) domestic monopoly in 2009, said revenue was QR316m in the quarter, up from QR267m a year earlier. The operator will look to improve indoor coverage, increase data speeds and prepare to launch contract services in the fourth quarter, chief executive Richard Daly said in the statement. Vodafone Qatar only offers pre-paid mobile contracts at present. \"The company is on the right track, but it still has to solve these problems - once it has proper indoor coverage and can offer post-paid services it will be able to truly compete with Qtel,\" said Diala Hoteit, NBK Capital telecoms analyst. \"At the moment Vodafone is only competing for pre-paid customers, which have a lower ARPU (average revenue per user).\" Its shares closed 0.4 percent lower on Qatar\'s bourse before the results were announced, ending at 7.52 riyals. The shares are 25 percent below its 2009 initial public offering price.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

vodafone qatar losses continue to narrow vodafone qatar losses continue to narrow

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

vodafone qatar losses continue to narrow vodafone qatar losses continue to narrow

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday