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MENAFN - 12/02/2014

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(MENAFN) Oman Telecommunications (Omantel) announced that its profit in the last quarter of 2013 surged 13 percent, Arabian Business reported.

Omantel's net profit hit USD77.14 million in the period, increasing from USD67.85 million in the corresponding period a year earlier.

The telco's revenue in the fourth quarter went down from USD300.4 million to USD288.5 million in the fourth quarter of last year.

Omantel's profit in the whole year increased to USD309 million, up from USD301.1 in the same period in 2012.

 






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