Wataniya Mobile’s subscriber base increased by 57 percent year-on-year to 1.3 million at end-September, benefiting from the Gaza launch in October 2017. The total was up from 1.2 million customers reported at the end of June. The operator made good progress in the first nine months of the year, with the launch of the 3G network in the West Bank in January, parent company Ooredoo announced.
Revenue increased to KWD 23.0 million in the first nine months, up by 19 percent compared to KWD 19.3 million for the same period in 2017. EBITDA increased to KWD 5.8 million compared to KWD 5.1 million a year ago.
Wataniya also announced that it's started the process of rebranding to the Ooredoo name. The switch should be completed in the coming weeks with a formal ceremony with Ooredoo officials.