Riyadh-Mubasher: Saudi Arabian telecom operator Etihad Etisalat (Mobily) reported net losses of SAR 199 million in the first quarter of 2015, versus net earnings of SAR 1.6 million in the same period a year ago, due to high depreciation expenses.

The losses are 94.16 % lower than SAR 3.4 million in the previous quarter, due to the financial impact resulting from one-time adjustments that negatively affected the net income of the previous quarter.