Vodafone Qatar narrows net loss

Vodafone Qatar increased its mobile subscriber base to 1.08 million at 31 March 2013, up by 29.0% from 837,000 a year earlier, while its average monthly ARPU for its financial year ending on that date improved by 8%, driving quarterly and annual revenue up by 38% and 25% to QAR435.6 million (USD118.5 million) and QAR1.53 billion respectively. Full-year net loss was narrowed to QAR401 million, compared to the previous year’s QAR486 million.