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Wireless

Sudatel Telecom Group net profit falls to USD 32 mln in 2018

Tuesday 16 April 2019 | 14:23 CET | News
Sudatel Telecom Group's net profit decreased to USD 32 million in 2018 from 45 million the year before. The operating revenue fell 36 percent to USD 326 million. Revenue from operations in Sudan rose 49 percent. The contribution of West African subsidiaries to the group's operating revenue increased to 51 percent from 34 percent. This is a result of recent investments made by the group in West Africa, including network upgrades and expansion.

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Categories: Mobile & Wireless
Companies: Sudatel
Countries: Jordan
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