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Etihad GO Telecom Co. Interim / Quarterly Report 2012

Apr 21, 2012

53483_rns_2012-04-21_712ab962-205e-4b1f-b8c0-de15c8ebf673.html

Interim / Quarterly Report

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Etihad Atheeb Telecommunication Company (GO) Announces the Interim financial results for the period ended March 31, 2012 (Twelve Months)(Continue2)

7040 · 21/04/2012 18:59:02 · Announcement #25501 · View on Saudi Exchange

Etihad Atheeb Telecommunication Company (GO) Announces the Interim financial results for the period ended March 31, 2012 (Twelve Months)(Continue2)

9. The company managed to increase their revenues by targeting individuals as well the business sector specifically. An increase of the voice service revenue was noted in addition to the sales of Wimax devices compared with the last quarter. A decrease of the interconnection cost was also noted for the same quarter.

Nevertheless the company is expanding and developing the sales team in the different regions across the kingdom to achieve the highest sales percentages for the upcoming periods additionally the company is reducing the operating costs without any effect or impact on the productivity and the profitability of the company.

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.