FINANCIAL NEWS

Vodafone Qatar’s income to reach USD 0.43mn

27 Jan 2016

(MENAFN) Vodafone Qatar received whole income of USD 0.43mn for the nine months ended Dec 2015, 8 percent decline over the same period last year.

Furthermore, whole number of mobile customers grew 6 percent to 1,501,000 through the cited period, compared to Dec 2014, while mobile rate income per user was USD 30.1mn.

The firm’s EBITDA attained USD 94.1mn for the same period, 19 percent lower yearly, introducing an EBITDA margin of 21 percent, whereas net loss stood at USD 78.4mn.

Mobile ARPU was USD 29.35mn; a 4 percent decline since Sep 2015 because of the cut in mobile termination rate, while EBITDA achieved USD 36.2mn for the period.

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