Saudi Mobily's net profit rises 41% in Q3

18 October 2010

Mobily, Saudi Arabia's second-biggest telecom operator, has posted a 41% rise in quarterly profits, helped by a fall in the cost of international networks and higher broadband revenues, Reuters has reported. Mobily, also known as Etihad Etisalat, made SR1.14bn ($303.5m) in the three months to Sept. 30, up from SR807m a year earlier, it said in a statement.

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