Ooredoo Algeria lifts customer base to 13.2 mln in Q1

Wednesday 27 April 2016 | 10:44 CET | News
Ooredoo Algeria's customer base increased by 4.4 percent year-on-year to 13.2 million at 31 March. Quarterly revenues decreased to KWD 76.9 million compared to KWD 82.3 million for the same period in 2015, its parent company reported. The Algerian Dinar depreciated significantly compared with the same period last year, significantly impacting the results reported in KWD. EBITDA was KWD 29.2 million, a decrease of 1.7 percent on KWD 29.7 million for the same period in 2015. The net profit was KWD 4.6 million compared to KWD 3.5 million for the same period in 2015.

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Categories: Mobile & Wireless
Companies: Ooredoo
Countries: Algeria
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