0
Mobile & Wireless

Zain subscribers up 7% to 44.4 mln

Monday 29 July 2013 | 11:07 CET | News
Zain Group added 3 million new active customers over the past twelve months to serve 44.4 million as of 30 June, reflecting a 7 percent growth rate. For the first six months of 2013, the Middle East mobile operator's revenues reached USD 2.12 billion, EBITDA totaled USD 935 million, and the EBITDA margin was 43.3 percent. Net income reached USD 397 million or USD 0.10 per share. 

The group said adverse currency effects predominantly in Sudan cost the company the equivalent of USD 347 million in revenues, USD 150 million in EBITDA and USD 80 million in net profit for the six-month period. Group data revenues (excluding SMS and VAS) saw healthy 19 percent growth, with data now 13 percent of all Zain's revenues.

Mobile number portability was introduced in its home market Kuwait on 15 June and initial indications showed positive net additions for Zain. Year-on-year customer growth in Kuwait was 11 percent, reaching 2.4 million lines at the end of June. After the launch of nationwide LTE there, data represents 28 percent of revenues. 

Zain Bahrain's customer base grew by 36 percent while in Iraq, the customer base was up 8 percent to 13.9 million as operations expanded the network to North Iraq. It said Jordan's operations maintained customer and value leadership through dynamic marketing campaigns while 4G roll-out and aggressive marketing campaigns in Saudi contributed to12 percent customer growth to reach 8.3 million and revenue growth of 12 percent. In South Sudan, the customer base grew by 27 percent while revenues grew by 36 percent in USD terms.


Categories: Mobile & Wireless
Companies: Zain / Zain Bahrain / Zain Group / Zain Kuwait / Zain Sudan
Countries: Middle East
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






7%
Market share XS4ALL on the DSL market
Netherlands  |  2013 Q4

Calendar   /   Industry Events

21 Apr Netflix Q1 2014
21 Apr Rogers Communications Q1 2014
21 Apr Internet of Things Asia 2014
22 Apr Comcast Q1 2014
22 Apr Juniper Networks Q1 2014
22 Apr Zhone Technologies Q1 2014
22 Apr China Mobile Q1 2014
23 Apr Crown Castle Q1 2014
23 Apr TeliaSonera Q1 2014
23 Apr Motorola Solutions Q1 2014
23 Apr Facebook Q1 2014
23 Apr Ericsson Q1 2014
23 Apr Polycom Q1 2014
23 Apr Apple Q2 FY14
23 Apr Texas Instruments Q1 2014
23 Apr Fortinet Q1 2014
23 Apr Infinera Q1 2014
23 Apr China SDN/NFV Conference 2014
24 Apr Mobistar Q1 2014
24 Apr Freescale Semiconductor Q1 2014
24 Apr Sequans Q1 2014
24 Apr Millicom Q1 2014
24 Apr Broadcom Q1 2014
24 Apr Time Warner Cable Q1 2014
24 Apr Sonus Networks Q1 2014
24 Apr Verisign Q1 2014
24 Apr Microsoft fiscal Q3
24 Apr Amazon.com Q1 2014
24 Apr Netgear Q1 2014
24 Apr Telecoms Fraud Management and Revenue Assurance World Summit 2014
::: More Calendar Items