Vodafone Qatar approaches half a million subscribers

Vodafone Qatar announced it has closed the first quarter of 2010 with 464,962 mobile subscriptions, a 31.5 per cent increase from the previous quarter of 353,580. The majority of the customers were acquired in less than seven months since the launch of Vodafone’s prepay product ‘Red’ in September 2009.

"We are thrilled by this amazing result which has exceeded our expectations and targets for customer numbers. We now have a substantial customer base that will help drive future performance and forms a solid basis for generating future revenue growth," commented Grahame Maher, chief executive officer of Vodafone Qatar.

Fifty per cent of account subscribers joined via the operator’s online store, while the rest joined through the more than 700 partner distribution outlets.

Rival Qtel has not yet released figures for Q1 2010, however it ended December 2009 with 2.4 million subscribers in Qatar.