Saudi's Mobily Q4 losses widen, customers decline | ZAWYA MENA Edition:
"Saudi Arabia's Etihad Etisalat (Mobily), the country's second-largest telecommunications operator, reported a widening quarterly loss on Thursday, partly blaming it on the introduction of internet calls and a decline in its customer base. Net losses more than doubled to 181.7 million riyal ($48.45 million) in the three months to December 31 from a loss of 70.2 million riyals a year earlier, it said in a statement to the Saudi bourse. Revenue fell 2.8 percent to 2.83 billion riyals."
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