Tuesday 4 June 2013

Gulf Daily News » Business News » Vodafone Qatar loss narrows

"Vodafone Qatar, an affiliate of Britain's Vodafone Group, reported a smaller-than-expected fourth-quarter loss yesterday as its subscriber base rose by nearly a third and revenue increased.

Vodafone, which ended Ooredoo's (Qatar Telecom) domestic monopoly in 2009, made a fourth-quarter net loss of 73.9 million riyals ($20.3m) in the three months to March 31, according to Reuters calculations.

That compares with a loss of 126.5m riyals in the year-earlier period."

'via Blog this'

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