Thursday, 14 May 2009

Oman Telecom

Oman Telecom reported a slow down in service revenue of 2.5%. This was not offset by the strong 20% rise in net international interconnection income and 52% growth in local net interconnection income.

Insurance claims from last years cyclone helped. Earnings declined by 1.2%. Excluding the one off cyclone payments, profits were 10% lower yoy.

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