Qatar Telecom QSC, the Persian Gulf country’s biggest company by revenue, said full-year sales increased 16 percent to 31.8 billion riyals ($8.7 billion).
The board recommended a cash dividend of 30 percent of the nominal share value and bonus shares of 30 percent of the share capital, the company said in a statement today. It also approved a 40 percent rights issue at a price of 75 riyals per share.
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