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Qtel Q4 net profit rises 15%

2013-03-04 12:57:00| Telecompaper Headlines

(Telecompaper) Qatar Telecom, now known as Ooredoo, reported fourth-quarter net profit of QAR 523 million, up 14.6 percent from a year earlier. Revenues rose 6.4 percent to QAR 8.71 billion, and EBITDA was up 0.6 percent to QAR 3.88 billion. The company, which operates in 16 countries across the Middle East, Africa and Asia, grew its customer base 11.4 percent over the year to 92.9 million, including associates. Over the full year 2012, the operator increased capex 11 percent to QAR 7.32 billion or 22 percent of revenues, while free cash flow was up 2 percent to QAR 5.63 billion. Qtel said it would pay a cash dividend of QAR 5 per share. In the company's home market, quarterly revenues rose to QAR 1.58 billion from QAR 1.46 billion a year earlier, and EBIDTA increased to QAR 794 million from QAR 708 million, helped by a focus on cost control. While the customer base rose to 2.529 million at year-end from 2.376 million a year earlier, Qtel estimates its market share was down to 69 percent from 72 percent in 2011. ARPU of QAR 148.7 was up from QAR 145.2 a year earlier but fell from QAR 153.2 in Q3.

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Ebro Foods reports 4.5% increase in full-year 2012 net earnings

2013-03-04 01:00:00| Food Processing Technology

Spain-based food processing firm Ebro Foods has reported a 4.5% increase in its full year net earnings to 158.5m, compared with 151.6m in 2011, driven by marketing and innovation initiatives launched by the company during this period.

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Cellcom Israel's Q4 net rises 49%

2013-03-04 01:00:00| Total Telecom industry news

Revenue slides on reduction in interconnect tariffs.

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Qtel's Q4 net profit rose, boosted by more subscribers

2013-03-04 01:00:00| Total Telecom industry news

Telco's numbers boosted by home market as well as operations in Iraq, Algeria and Indonesia.

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Indosat 2012 preliminary net profit more than halves

2013-03-04 01:00:00| Total Telecom industry news

Indonesia's second-largest mobile operator saw financial charges soar to 2.69 trillion rupiah.

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