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General

Telecom Egypt Q4 revenue steady, EBITDA falls 36 percent but net loss shrinks

Thursday 21 February 2019 | 13:12 CET | News
Telecom Egypt ended 2018 with a larger customer base and with a 1 percent dip in fourth quarter revenue, with a surge in home and consumer turnover but a 53 percent drop in international customer and network revenue, as a result of the absence of cable projects. The net loss fell to EGP 22 million from EGP 431 million a year earlier, although EBITDA declined by 36 percent.

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Categories: General
Companies: Telecom Egypt
Countries: Egypt
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