Ooredoo Oman net profit up 9.5 on higher data revenue
Date
11/1/2015 6:15:57 AM
(MENAFN- Muscat Daily) Muscat-
Omani Qatari Telecommunications Co (Ooredoo) reported a 9.5 per cent increase in net
profit for the nine months ended September 30 2015.
The telco's net profit rose to RO32.3mn from RO29.5mn in the corresponding period of 2014. Revenues for the first nine months of this year grew 12.4 per cent to RO186.8mn compared with RO166.2mn in 2014. The growth was driven by increase in both mobile and fixed data revenue Ooredoo said in a filing with the MSM on Thursday. Ebitda for the first nine months of the year stood at RO104.3mn against RO88.6mn a year earlier.