Omantel sees 12% profit boost
Complex Made Simple

Omantel sees 12% profit boost

Omantel sees 12% profit boost

Omantel has said its net profit in the first half of 2012 rose 11.8% to OR61.2m, Muscat Daily has reported. The company's revenue increased 5% to OR234.5m from OR223.3m for the corresponding period of 2011, due to the 63% growth in mobile broadband subscribers, which contributed to a 7.4% year-on-year increase in mobile revenue, the firm said. Excluding WorldCall subscribers, Omantel's domestic subscriber base grew 12.6% as of June 30, 2012, to 2.77 million (excluding mobile resellers) on the company's mobile business.

    Author
    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

    © 2021, ADigitalcom. All rights reserved