Friday 15 November 2013

Vodafone advances in Qatar market, eroding Ooredoo’s stake | Doha News

Vodafone advances in Qatar market, eroding Ooredoo’s stake | Doha News:

"Based on its latest financial figures, Vodafone Qatar has continued to gain ground on its local rival Ooredoo, but four years after launching operations, remains a distant second in the country’s mobile market.

In a press conference announcing its first-half numbers yesterday, the company reported another loss, but the QR160 million (US$43.95 million) is an improvement over the QR240 million (US$65.92 million) in red ink the company shed a year earlier.

Vodafone officials yesterday also offered a glimpse into where it currently stands with residents, and discussed plans for the future."

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