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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

Published August 7, 2011 Updated August 7, 2011 04:10pm

1 min

By Muhammad Iqbal

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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.

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