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FINANCIAL NEWS
Bahrain-Zain revenue falls by 45pct in Q1
02 May 2017
(MENAFN) Zain Bahrain, a pioneering telecom service operator has posted a 45 percent fall in revenue for the first quarter, which dropped to USD1.3mn from USD2.4mn.
On the other hand, the telecom main’s total revenues of the cited period surged 14 percent to USD48.5mn compared to USD42.7mn in 2016.
Accordingly, the firm continues to invest for enhancing innovative new product offerings in the kingdom for its increasing customers, while its customer base reached 845.000.
Last year was exceptional, with heavy investment in innovative new techs and services that will enable the group to receive an unsurpassed digital lifestyle to its customers.
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MENAFN0205201700450000ID1095445299
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