Sunday, 16 December 2018

Ooredoo Q1 revenue hit by forex losses

By Nick Wood, Total Telecom
Thursday 28 April 16

Qatar-based telco's customer base swells to 118 million.

Ooredoo this week reported a slight decline in first-quarter revenue, driven by currency depreciation in Algeria and Tunisia, and instability in Iraq. The Qatar-based telco generated revenue of 7.89 billion riyals (€1.91 billion) in the three months to 31 March…

Ooredoo this week reported a slight decline in first-quarter revenue, driven by currency depreciation in Algeria and Tunisia, and instability in Iraq. The Qatar-based telco generated revenue of 7.89 billion riyals (€1.91 billion) in the three months to 31 March…

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