Ooredoo Announces H1 Financial Report

Doha, July 29 (QNA) - Ooredoo on Wednesday reported QR 16.042 Billion revenue for the six-month financial period ended June 30. The net profit attributable to shareholders in H1 2015 is QR1.002 Billion, Ooredoo said. Its Group customer based increased by 21% or almost 20 million net customers add to over 114 million driven by strong performances in Indonesia, Myanmar and Algeria. Group earnings per share in 1H 2015 stood at QR 3.13 (1H 2014: QAR 5.32) Data now constitutes 34% of the Group's revenue (20% in 1H 2014) which is equivalent to 64% growth year-on-year. Qatar, Oman, Algeria and Tunisia were the main drivers for the growth, as Ooredoo rolled out high-speed broadband networks, introduced innovative pricing and bundles, data offers and services for its consumer and enterprise customers, the telecom operator said. (QNA)