Thursday 21 January 2021
 
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Etisalat Q3 profit hits $626m; revenue up 2pc

UAE-based Etisalat has posted a net profit of Dh2.3 billion ($626 million) after Federal Royalty for the third quarter (Q3) of the year, marking a net profit margin of 17 per cent as revenue grew two per cent to Dh13.2 billion as compared Q3 201

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Batelco 2016 net profit hits nearly $100m

Bahrain-based Batelco, a major telecom group, has reported net profit of BD37.6 million ($99.7 million) during 2016, compared to BD49.5 million ($131.3 million) reported in the prior year, marking a 24 per cent year over year decline.

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Ooredoo Oman 9-month net hits $76m

Omani Qatari Telecommunications Company (Ooredoo Oman) has posted a net profit of RO29.5 million ($76.4 million) for the first nine months of the year as against RO23.1 million ($59.8 million) in the same period of 2013. The rise

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Umniah subscriber base hits 2 million

Jordanian telecom services provider Umniah said its subscriber base touched two million within a record breaking period of five years of operation in the Kingdom. The company said its mobile market share too jumped to over 30 per cent by t

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