Nawras, a top telecom provider in
Announcing the results, the Omani telco said the revenues for the three months increased by 9.4 per cent to RO52.7 million from RO48.2 million last year.
The growth was mainly driven by increases in both fixed and mobile data revenue as well as international voice revenue offset by a decrease in SMS revenue, said Nawras in its statement.
Commenting on the results, CEO
"Careful management and optimization of costs, has contributed to the improving Ebita result. The recent segmentation to focus on different customer requirements has also helped us to provide the plans and bundles that both consumers and businesses need," stated Young.
The Ebitda for the period was RO26.6 million compared to RO23 million last year, thus posting an increase of 15.7 per cent driven by increase in revenue.
"Our Turbocharging programme will continue during 2014, bringing world class telecommunications services to more and more areas of the country and bringing the latest technology, value and innovative products and services to our customers," he added.
Nawras said there had been a significant increase in the total number of customers which grew by 8.9 per cent in the first quarter from 2.23 million to 2.43 million.
The fixed service customer base increased by 27.5 per cent to 65,728 customers compared to 51,532 for the same period in 2013. The mobile post-paid customer base also grew by four per cent to 189,554 customers compared with 182,090 customers last year.
The mobile pre-paid customer base for the first quarter increased by 8.8 per cent to 2.17 million compared to 2 million last year.-
Most Popular Stories
- Honda' s Accord Plug-in Hybrid Is a Fuel Miser
- National Retail Federation Reduces Sales Forecast
- Hernandez lawyer: Pats Records Dispute Resolved
- Social Media Startups That Pay You to Post
- Female Business Owners Still Face Gender Gap
- Amazon Fire Phone Improves on Familiar: Review
- Congress Leaving Town as Deadlines Loom
- Oregon Voters to Decide on Recreational Pot
- 4th Circuit Upholds Obamacare Subsidies
- Oregon to Vote on Recreational Marijuana