TeleGeography Logo

Qtel’s Q1 revenues up 53%, profits rise 15%

1 May 2007

Qatar Telecom (Qtel) has posted its financial results for the three months ended 31 March 2007. The full-service telco reported a net profit of USD138.1 million, a 15% increase on the USD119.8 million achieved in the same period of last year. The group’s revenues reached USD415.3 million in the quarter, a year-on-year increase of 53%. Qtel’s Omani mobile subsidiary, Nawras, saw a 91% hike in its revenues to USD48.6 million.

Qatar, Ooredoo Qatar

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.