Vodafone Qatar narrows loss for nine-months to end-December by 30%

Vodafone Qatar announced its results for the nine months to December 31, reporting that net loss for the period amounted to QAR150 million (US$41.2 million), an improvement of 30 per cent year-on-year. Total revenue for the period amounted to QAR1.74 billion, up 21 per cent year-on-year, while subscriber numbers totaled 1.41 million, up 11 per cent from a year earlier.

The company reported that mobile ARPU had remained stable at QAR125 for the nine-month period, with EBITDA having grown 22 per cent year-on-year to QAR421 million, and EBITDA margin remaining stable at 24 per cent.

Distributable profit increased 71 per cent year-on-year to QAR152 million.