DUBAI, Oct 19 (Reuters) - Saudi Arabian telecom company Etihad Etisalat (Mobily) reported a third-quarter net loss on Wednesday, missing analysts’ forecasts for a profit.
Mobily, an affiliate of the United Arab Emirates’ Etisalat , made a net loss of 167.7 million riyals in the three months to Sept. 30. This compares with a loss of 158.3 million riyals in the prior-year period, according to a bourse statement.
Five analysts polled by Reuters had forecast Mobily would make a quarterly net profit of 15.06 million riyals for the period. (Reporting by David French; Editing by Susan Fenton)