Wednesday, July 25, 2012

Subscriber growth boosts Wataniya's top-line

Wataniya Telecom has posted revenues of KWD368 million (USD1.3 billion) for the first six months of 2012, up 4.5% year-on-year, on the back of total subscriber growth of 8.3% to 18.3 million. Earnings before interest, tax, depreciation and amortisation (EBITDA) stood at KWD154 million, down 1%, while consolidated net income came in at KWD47.4 million compared with KWD322 million last year


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OVETEL Subscriber growth boosts Wataniya's top-line

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