Why isn’t Saudi-listed Mobily turning a profit?

Etihad Etisalat Co. (Mobily), the Kingdom’s second-largest telecom operator, posted a net loss in Q3 2017 for the fifth consecutiv

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TASI

11,882.65

(142.40) (1.18 %)

Close : 30.60 | Apr 3, 15:20

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STC

46.00

0.65 1.43%

Close : 30.60 | Apr 3, 15:20

ETIHAD ETISALAT

59.70

(1.30) (2.13%)

ZAIN KSA

11.82

0.56 4.97%

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Why isn’t Saudi-listed Mobily turning a profit?

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