Q-Tel 2004 net profit up 27 pc

DOHA - Partly privatised Qatar Telecom (Q-Tel) posted a 27 per cent rise in net profits to 1.48 billion riyals ($407 million) in 2004.

By (Reuters)

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Published: Sun 13 Feb 2005, 9:41 AM

Last updated: Thu 2 Apr 2015, 4:25 PM

It said in a statement received yesterday that revenues grew 16 per cent to 2.35 billion riyals in 2004 because of rising wireless penetration in the small Gulf Arab state.


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