The Kuwait Mobile Telecommunications Company has posted a 90 percent rise in profit to $103.3 million in the first quarter of 2001, AME-Info reported Tuesday.
Although this figure includes a one-off $38.7 million payment from UN compensation funds, the MTC shares were trading unchanged at 1.8 dinars Monday, said the news service.
The government has already announced plans to sell its 49.2 percent stake in MTC shortly, it added – Albawaba.com
