19-01-2017 14:22 via telecoms.com

Mobily blames SIM fingerprint registration requirement for Q4 loss

Saudi Arabian operator Mobily has revealed a net loss for Q4 2016, which it put down to the cost of implementing a government requirement for SIMs to be registered with fingerprints.
Reuters reports Mobily, which is part-owned by Etisalat, recorded a loss of around $19 million, having managed a small profit in the year-ago quarter. This was still better than expected by Reuters’ panel of analysts.
The government initiative that required all new SIMs to be registered with a fingerprint was
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