Omani Qatari Telecommunications Company SAOG announced unaudited earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported revenue of OMR 68.2 million compared to OMR 65.2 million a year ago. EBITDA was OMR 35.4 million compared to EUR 33.2 million a year ago. Net profit was OMR 8.7 million compared to OMR 9.2 million a year ago. For the year, the company reported revenue of OMR 270.0 million compared to OMR 252.1 million a year ago. EBITDA was OMR 148.3 million compared to OMR 137.5 million a year ago. Net profit was OMR 46.3 million compared to OMR 41.6 million a year ago. The growth in revenue was driven by increases in both mobile and fixed data revenue. EBITDA growth for the year was driven by higher revenue. Increase in net profit for the year was driven by higher EBITDA partially offset by higher depreciation cost due to investment in network modernization.