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FINANCIAL NEWS
Vodafone Qatar increase plans stay on track
31 Jul 2015
(MENAFN) Vodafone Qatar, which has witnessed a 5% jump in customer base to USD 1.42mn in the first three months of this year.
Revenue was down 8% to QR537.9mn and mobile average revenue per user.
The company follows April-March financial year compared with the January-March format of other listed companies.
Earnings before interest taxes depreciation and amortisation fell 31% year-on-year.
“The Qatari telecom market continues to face extremely competitive pressure on prices, which is impacting the company’s results in the short term,” Vodafone Qatar chairman Sheikh Dr Khalid bin Thani al-Thani said.
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