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Wireless

Ooredoo Myanmar adds over 1 million customers in Q2

Wednesday 27 July 2016 | 14:06 CET | News
Ooredoo Myanmar more than doubled its customer base in the past year, to over 8 million at the end of June. The company continued to deliver strong revenue growth, up 41 percent to QAR 717 million in the first half of 2016 from QAR 510 million in the same period in 2015, driven by the continued growth in customers and the data business. The mobile operator's EBITDA loss narrowed to QAR 3 million from QAR 18 million in 2015. The appreciation of the local Myanmar currency against the USD during the period positively impacted Ooredoo Myanmar, its parent company said. Net profit reached QAR 79

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Categories: Mobile & Wireless
Companies: Ooredoo
Countries: Myanmar
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