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Vodafone Qatar Reports Positive Ebitda For Q3

Published Jan 12, 2011

Vodafone Qatar has said its earnings before interest, tax, depreciation and amortisation (Ebitda) were positive for the first time in the third quarter, as the mobile operator reported a narrowed nine month net loss, Reuters has reported.

Vodafone Qatar said its Ebitda for the third quarter stood at QR1m, on revenue of QR266.5m ($73.25m), boosted by an 18% rise in new customers over the quarter. The firm's nine month net loss narrowed by 8.3% to QR456.8m compared with QR495.6m in the same period a year ago.



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