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Al Jazeera Capital said that Mobily's results in the second quarter of this year exceeded expectations by 32%.
Al-Jazeera Capital indicates that Mobily was able to improve its margins due to the increase in the number of paid subscriptions.
The losses of Mobily will reach this year 362 million RS against a loss of 709 million SAR. Last year.
Al Jazeera Capital continued to recommend to Mobily to reduce rates, adjusting its target price from SR13 to SAR13.6
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