Published On: Wed, Jan 27th, 2016

Vodafone Qatar reports a net loss of QR 285.7 Million

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

About the Author