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Saudi Mobily Q1 Profit Up 21 Percent

Saudi Mobily Q1 Profit Up 21 Percent

Q1 profit 1.21 bln riyals vs 998 mln riyals a year earlier; 21 percent profit surge attributed to improved voice revenue Saudi Arabia's Etihad Etisalat (Mobily) on Monday reported a 21 percent rise in first-quarter net profit, just short of analysts' estimates, citing improved revenue from voice services and business customers

April 17, 2012 9:08