Zain Bahrain Q3 profit rises 91 pct as it cuts costs, data rises

20/10/2015 11:56 AST

Mobile operator Zain Bahrain reported a 91 percent rise in third-quarter net profit on Monday as it attracted more data customers and it cut costs.

The company, majority-owned by Kuwait's Zain, made a profit of 1.34 million dinars ($3.55 million) in the three months to Sept. 30, up from 0.7 million dinars in the prior-year period, it said in a statement.

Zain Bahrain attributed the profit rise to "exponential growth in mobile data subscribers" plus greater operational efficiencies, but did not provide further details.


Reuters

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