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Qtel Group Posts A 21% Increase Of Customer Base To 67.7 Million In First Quarter 2010

Dataxis is a leading market research company based in France with presence in Africa and America

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PRLog (Press Release) - Apr 22, 2010 -
Qatar Telecom Group, the leading telecommunications operator with a strong footprint across 17 countries in the Middle East, Africa and Asia regions, has released its first quarter ending March 2010 results today, posting a 14.2% rise in consolidated revenues to QAR6.4 million compared to the corresponding quarter of last year.

The Doha-based Group also registered positive operational indicators as consolidated customers grew 21.1% to 67.68 million. mainly driven by markets such as Iraq and Indonesia.

Commenting on the Results, Qtel’s CEO said: “We have continued to advance across all areas of our operations in this first quarter, building on the positive momentum generated during 2009, most notably in markets such as Iraq and Indonesia where progress has been particularly encouraging. We continue to prove highly successful in our efforts to defend and even expand our solid market positions in those markets where competition is heightened. At the same time, we have retained sufficient flexibility in our operating model to be in a position to respond quickly to opportunities and challenges as they arise.”

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DATAXIS, is an international market research company that covers 4 play markets worldwide. Our online database contains detailed and up to date data on subscribers, revenues & ARPUs as well as annual forecasts on major operators and technology suppliers.

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Source:Dataxis Intelligence
Country:Morocco
Industry:Telecom, Entertainment, Media
Last Updated:Apr 22, 2010
Shortcut:http://prlog.org/10641910
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