Vodafone Qatar reports poor performance in quarter to end-June, as net loss almost trebles

Vodafone Qatar today announced its financial results for the three months ended 30 June 2015.

The operator reported 1.42 million mobile customers; up five per cent year-on-year. Total revenue for the period amounted to QAR538 million (US$148 million); down eight per cent. ARPU stood at QAR111 for the period, while EBITDA reached QAR110 million; down 31 per cent year-on-year.

Net loss of QAR100 million was reported, ballooning over 270 per cent from the QAR27 million reported during the same period a year earlier.