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HomeFinancialVodafone Qatar Delivers Double-Digit Profit Surge as Telecom Growth Accelerates

Vodafone Qatar Delivers Double-Digit Profit Surge as Telecom Growth Accelerates

Vodafone Qatar continues to show strong business performance as it reports solid financial results for the first half of the year. The company posted a 12.1% increase in net profit, fueled by consistent revenue growth and cost efficiency. This marks another milestone in Qatar Telecom’s revenue growth.

Total revenue jumped 10.5% year-on-year to reach QR1.75 billion. This gain came from rising demand across several business lines. Mobility services, fixed broadband, handset sales, and enterprise projects all supported this solid performance.

Service revenue also climbed 3.4% to hit QR1.46 billion. This steady increase highlights Vodafone Qatar’s growing role in the country’s telecom sector. In addition, the company now serves 2.1 million mobile users, which is a 1.6% rise from last year.

EBITDA also moved higher, increasing 9.0% to QR732 million. This growth came from both rising service revenue and strong cost controls. As a result, Vodafone Qatar maintained a high EBITDA margin of 41.8%.

The company’s strategy of cost optimisation continues to bring strong returns. Moreover, increased customer engagement and efficient operations helped support this upward trend. These efforts reflect the firm’s commitment to financial discipline.

Return on equity (ROE) also improved, rising to 12.8% on an annualised basis. This marked a gain of 0.8 percentage points over the prior year. Consequently, shareholders now benefit from higher value generation.

Furthermore, Vodafone Qatar remains focused on expanding its customer base and growing its network. The growth in both revenue and profit shows the strength of its overall business model. Continued investments in technology and service quality have paid off.

Looking ahead, the company plans to maintain this momentum by delivering more innovative services. As more consumers and businesses demand better connectivity, Vodafone Qatar aims to lead with competitive offerings.

Therefore, the results show that Qatar Telecom’s revenue growth plays a central role in Vodafone’s success. The company expects further growth as it deepens its reach in the Qatari market.

Strong demand, rising revenue, and smart cost control all supported the solid gains. Qatar Telecom revenue growth continues to drive performance, ensuring Vodafone Qatar stays on track.