Tuesday 5 November 2024
 
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Ooredoo Q1 profit up 27pc to top $42m

Telecom provider Ooredoo posted a net profit of KD12.9 million ($42.3 million) for the first quarter of the year compared with KD10.2 million for the same period in 2016, marking an increase of 27 per cent. Revenues for Q1 2017 st

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Batelco Q2 net profit rises 27.5pc to top $35m

Bahrain Telecommunications Co (Batelco) has posted a net profit of BD13.31 million ($35.29 million) in the second quarter of the year, up from BD10.44 million ($27.5 million) in the year-earlier period, reflecting a 27.5 per cent increase.

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Ooredoo Q4 profit slumps 89pc on foreign units

Qatari telecom operator Ooredoo reported a net profit of QR55 million ($15.1 million) in the fourth quarter of 2014 as against a net profit QR510 million ($136 million) during the same period last year, marking a drop of 89 per cent.

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Empower sees customer base grow 60pc

Emirates Central Cooling Corporation (Empower) has projected that its customer base will reach 16,000 by the end of 2010, up 60 per cent when compared to 10,000 customers last year. Empower is a joint venture between Dubai Electricity and

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Batelco mobile customer base hits 4.3m

Batelco said its mobile customer base has increased to 4.3 million, with 767,000 active lines in Bahrain giving it the biggest market share in the Kingdom. This continuous growth in the company’s customer base in Bahrain is a result of man

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