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Kuwait's Wataniya Telecom Q2 up 18.7pc
KUWAIT : Kuwait 's National Mobile Telecommunications Co (Wataniya), the Gulf state's second-largest mobile phone opera
KUWAIT: Kuwait's National Mobile Telecommunications Co (Wataniya), the Gulf state's second-largest mobile phone operator, posted an 18.7 percent rise in second-quarter net profit, the firm said in a statement.
The company made a net profit of 23.3 million dinars ($85.2 million) in the second quarter, up from 19.6 million dinars a year earlier, the statement said.
Wataniya, a unit of Qatar Telecommunications Co , said consolidated revenue rose 35.2 percent in the quarter to 182.3 million dinars from a year earlier.
Copyright Reuters, 2011
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