0
Wireless

Orange Egypt 9-mth revenues grow 6.3% to EGP 9.35 bln

Monday 23 October 2017 | 10:15 CET | News
Orange Egypt's revenues for the nine months to 30 September increased by 6.26 percent to EGP 9.35 billion compared to EGP 8.80 billion in the same period in 2016. The mobile operator's gross margin amounted to EGP 7.15 billion compared to EGP 6.73 billion in 2016, reflecting growth of 6.12 percent. The operator said these are the first positive results of the new strategy launched by the company at the end of 2016. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Orange Egypt
Countries: Egypt
::: 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.


Related

Orange Egypt FY revenue up 7.7% to EGP 12.68 bln

Published 21 Feb 2018 16:13 CET | Egypt
Orange Egypt's revenues grew by 7.5 percent to EGP 12.68 billion in 2017. EBITDA reached EGP 3.7 billion, up by 25.4 percent ...

Orange Egypt plans to raise capital by EGP 15 billion

Published 07 Dec 2017 09:36 CET | Egypt
Orange Egypt plans to raise its capital by EGP15 billion to restore profitability and improve its efficiency, as its financial ...

Orange Egypt opens 25 new sales channels

Published 09 Nov 2017 09:32 CET | Egypt
Orange Egypt has announced the opening of 25 new sales channels, as part of its strategy to expand and reach every customer ...

Orange sales growth slows on roaming impact, EBITDA still up in Q3

Published 26 Oct 2017 09:13 CET | France
Orange saw its sales growth slow in the third quarter on the introduction of roam-like-home in the EU, but said increased volumes ...

Orange Egypt launches 4G with quadruple data offer

Published 28 Sep 2017 09:27 CET | Egypt
Orange Egypt has announced the launch of 4G services after officially receiving its frequencies from the government, under the ...

Orange Egypt H1 revenues up 6% but net loss widens to EGP 1.1 bln

Published 26 Jul 2017 10:14 CET | Egypt
Orange Egypt's revenues increased by 6.33 percent to EGP 6.12 billion in the first half ended 30 June compared with EGP 5.76 ...