Arab Today, arab today vodafone qatar reports 31 increase in revenue
Last Updated : GMT 16:53:24
Arab Today, arab today
Arab Today, arab today

Vodafone Qatar reports 31% increase in revenue

Arab Today, arab today

Arab Today, arab today Vodafone Qatar reports 31% increase in revenue

Doha - QNA

Vodafone Qatar Thursday reported a 31% increase in revenue, year-on-year, to QR 1.2 Billion riding on mobile subscriber growth of 11%, senior company officials said while releasing financial results for the year ended March 31, 2012. Speaking at a media conference held at the Sharq Village and Spa, Vodafone Qatar CEO Richard Daly said, \"We are very pleased with our performance this year and the solid growth achieved. Now almost half of the population of Qatar is actively using our services. This has helped us to deliver a 31% increase in revenue, improve our market share and enabled the company to report its first full year of EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) profitability.\" Among the financial highlights for the year ended March 31, company officials mentioned customer growth of 11% over the last year to 837,233 mobile users; market share increase to 28.5%; full year revenue market share closed at 24.5% representing an increase of 4.5ppt over last year. The telecom operator\'s average revenue per user (ARPU) was QR 112 for the year and net loss improved 19% year-on-year to QR 486 Million. Among the key achievements of its strategic priorities for the year, the company stated the addition of 45 new sites to take its total to 542 and 11 indoor solutions, a significant improvement in call quality with 99.8% network availability and excellent data transmission speeds. Commenting on the Vodafone Qatar\'s aims, Daly said, \"The main priority in the year has been the completion of our mobile network deployment. We now have nationwide coverage, excellent voice quality and a very impressive experience for customers accessing the Internet on their Vodafone mobiles.\" Daly said the challenges of the start-up phase are history and the company now was entering into an exciting period with more network coverage, expansion of fixed line, taking \"our fiber optic network into the ground and connecting base stations and we are looking forward to welcoming even more customers to our network\". Among the telecom operator\'s new plans, Daly said, \"We will soon launch a post-paid billing service to effectively serve the business community. Vodafone welcomes the introduction of Mobile Number Portability later on this year which will help improve customer choice across the market. \"The most exciting development for us in the year ahead will be our full entry into the fixed line market. We are excited to be partnering with Qatar National Broadband Network to provide high speed broadband services over a state of the art fiber optic network and we are dedicated to offering our customers a new standard of customer care in this area.\" Replying to a Qatar News Agency (QNA) question on the response to its money transfer service via mobile phones to the Philippines and expanding the service to other south Asian countries, Daly said, \"We have a small segment of regular users of this service. We have plans to extend this service to other countries, however, the ecosystem of providing this service is very complex as it involves the user, the employer and regulatory authorities.\" Regarding Qatarisation, he said, \"We continue to increase the number of Qataris in our workforce and now have 14% overall. During the year, we opened a call centre in Doha with a team of young Qataris dedicated to serving our local customers. We also made the first appointment of a Qatari, onto our Executive team with more to follow. Our Corporate Social Responsibility (CSR) activity increasingly focuses on the Qatari community and we are now localising our brand and advertising. We will continue to make every effort to develop this part of our role in Qatar.\" Vodafone Qatar will be holding its annual general meeting on July 24 at 9.00pm at Al Silia Ballroom, Grand Hyatt Hotel. Registration starts at 8.30pm. Proxy voting forms and full details of the agenda are available on Vodafone Qatar\'s website www.vodafone.qa/AGM-EN

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*

Arab Today, arab today vodafone qatar reports 31 increase in revenue Arab Today, arab today vodafone qatar reports 31 increase in revenue

 



Arab Today, arab today

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*

Arab Today, arab today vodafone qatar reports 31 increase in revenue Arab Today, arab today vodafone qatar reports 31 increase in revenue

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
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