Vodafone Qatar net profit jumps 22% in H1 on strong commercial growth
Vodafone Qatar reported a 22 percent year-on-year increase in net profit to QAR 401 million for the half-year ended June. Strong demand in mobility, managed services, fixed broadband, Internet of Things (IoT), and wholesale operations, paired with disciplined cost management boosted the performance, the operator said. Revenue rose 3.1 percent to QAR 1.8 billion, lifted by a 9.3 percent expansion in service revenue which reached QAR 1.59 billion. Vodafone Qatar's mobile customer base grew 0.8 percent to 2.1