Mobily reveals 33.5% rise in Q2 net profit

14 July 2010

Etihad Etisalat (Mobily) has posted a 33.5% rise in second-quarter net profit to SR901m ($240m), on higher broadband revenue and more post-paid voice customers, Reuters has reported. This was Mobily's highest quarterly net profit since it started as Saudi Arabia's second mobile phone operator five years ago. Revenue rose 10.9% to SR3.97bn.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications