Qatar Telecommunications Co QTEL.QA (Qtel) announced on Wednesday that it more than doubled its first-quarter net profit, beating analysts' expectations. They posted a first quarter net profit of 1.2 billion riyals ($329.8 million), compared with 593.7 million riyals a year-ago. Analysts polled by Reuters expected a first quarter net profit of 644.7 million riyals.[nLDE63A03Y] Expected […]
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Tags: Qatar, Telecoms/Comms