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Mobily lifts Q2 net profit as active FTTH users expand, business and wholesale revenues rise

2020-07-21 09:26:00| Telecompaper Headlines

(Telecompaper) Saudi operator Mobily said its net profit increased to SAR 185 million in the second quarter ended 30 June compared with SAR 37.8 million in Q2 2019, mainly due to increased revenue from business and wholesale units, as well as the FTTH active base. Revenue amounted to SAR 3.56 billion versus SAR 3.33 billion in Q2 2019, or year-on-year growth of 6.8 percent. [ more ]

Tags: net business users active

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