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Capital Investments- Thursday, July 23, 2020
Oman telecom sector reported profit of OMR 11.9mn in 2Q20, down 46.7% QoQ and 57.1% YoY. Ooredoo profits were down 38.3% QoQ and 58.6% YoY during 2Q20 while that of Omantel was down 50.0% QoQ and 56.3% YoY. Profitability of the sector during 1H20 was OMR 34.2mn, down 33% YoY. Omantel profits were down 28% while that of Ooredoo was down 43% during 1H20.
Country :
Report Type :
Special Edition
Report Date :
Thursday, July 23, 2020
Provided by :
Report Size :
1164


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