Monday, 8 August 2011

Kuwait's Wataniya Telecom Q2 up 18.7 pct to 23 mln dinars | Reuters

Kuwait's National Mobile Telecommunications Co (Wataniya) , the Gulf state's second-largest mobile phone operator, posted an 18.7 percent rise in second-quarter net profit, the firm said in a statement.

The company made a net profit of 23.3 million dinars ($85.2 million) in the second quarter, up from 19.6 million dinars a year earlier, the statement said.

Wataniya, a unit of Qatar Telecommunications Co , said consolidated revenue rose 35.2 percent in the quarter to 182.3 million dinars from a year earlier.

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