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Home BusinessToday

Vodafone Qatar reports a net loss of QR 285.7 Million

Staff writer by Staff writer
January 27, 2016
in BusinessToday, Telecom
Vodafone Qatar Announces Third Quarter 2014 Results
Vodafone Qatar Announces Third Quarter 2014 Results

for the nine-month financial period ended December 31, 2015 compared to net loss of QR 149.8m for the same period in 2014. The loss per share for this nine-month period is QR 0.34.

The telecom operator’s mobile customers increased 6% to 1.5 million, a record high. Its total revenue of QR 1,603 million is a drop by 8% compared to the same period in 2014.

Mobile average revenue per user (ARPU) dropped to QR 110, a 12% decline year-on year reduction. The company reports an Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of QR 343m for the period; 19% lower year-on-year, representing an EBITDA margin of 21%.

Source: Qatar News Agency

Tags: VodafoneVodafone Qatar
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