Complex Made Simple

Vodafone Qatar rises to multiple-year high

The Qatar Exchange 20 Index slipped insignificantly to 8,462.91 points. Shares of the country's second telco operator Vodafone Qatar advanced 0.21% to reach QR9.72. Vodafone Qatar has said the total number of its customers in the country rose 11% in a year to reach 837,233 in March 2012, or 47% of Qatar's population, Gulf Times has reported. The growth has been driven by enhancements to the company's mobile network and the launch of innovative promotions and services such as the 'Swalif' local calling offer and prepaid BlackBerry plans, Vodafone Qatar said. The firm said its financial results for the year ended March 31 will be announced following a board meeting on June 7.