Vodafone Qatar FY revenue falls 8% to QAR 2.1 bln

Wednesday 18 May 2016 | 10:20 CET | News
Vodafone Qatar posted an 8 percent decline in its revenue to QAR 2.12 billion for the year ended 31 March, hurt by tough price competition, reduced handset sales and lower termination rates. The operator ended the year with 1.55 million mobile customers, an increase of 7 percent compared to March 2015. ARPU increased by 13 percent year-on-year to QAR 107.EBITDA was QAR 401 million for the year, down from QAR 567 million. The company reported a net loss of QAR 466 million or QAR 0.55 per share, widening from QAR 216 million or QAR 0.26 per share the previous year after an increase in

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Categories: Mobile & Wireless
Companies: Vodafone Qatar
Countries: Qatar
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