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Wireless

Mobily revenues rise 15% to SAR 3.3 bln in Q2

Monday 22 July 2019 | 08:57 CET | News
Saudi operator Mobily's revenue increased to SAR 3.3 billion in the second quarter with a year-on-year growth of 15.1 percent from the same period of 2018. This is mainly attributed to higher revenues at its business and wholesale units, FTTH active base growth, and the continued rise in and better mix of subscriber base. Net profit was SAR 37.77 million after a loss of SAR 78.62 million in Q2 2018 but the quarter-on-quarter comparison shows a decrease of 48.8 percent. 

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Categories: Mobile & Wireless
Companies: Mobily
Countries: Saudi Arabia
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