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Tuesday, 31 January 2017

UPDATE 1-Vodafone Qatar posts narrower Q3 loss as revenue rises | Reuters

UPDATE 1-Vodafone Qatar posts narrower Q3 loss as revenue rises | Reuters:

"Vodafone Qatar, an affiliate of Vodafone Group, reported a narrower third-quarter loss on Tuesday. The telecoms operator made a net loss of 31 million riyals ($8.3 million) in the three months to Dec. 31, the company said in a release. That compares with a loss of 72 million riyals in the prior-year period. Vodafone Qatar, whose financial year starts on April 1, has yet to make a quarterly net profit since ending state-controlled Ooredoo's domestic monopoly in 2009 as the latter has fought hard to bolster its revenue share."



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