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Asiacell posts stable revenues in H1, EBITDA falls 9%, customer base rises 6%

Tuesday 30 July 2019 | 10:39 CET | News
Iraqi operator Asiacell maintained stable revenues of QAR 2.2 billion during the first half of 2019 compared with the same period in 2018, despite the intensifying price competition. EBITDA declined 9 percent to QAR 970 million, hit by costs for network upgrades and expansion as Asiacell continues to increase its reach and capacity to meet demand for data.  Asiacell's customer base increased 6 percent during the first half of the year to 13.9 million, a result of network expansion and enhanced sales and marketing activities. 

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Categories: Mobile & Wireless
Companies: Asiacell
Countries: Iraq
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