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Wireless

Zain Iraq FY revenues fall 11%

Monday 20 February 2017 | 09:27 CET | News
Zain Iraq's revenues for the full year ending 31 December 2016 were USD 1.1 billion, a decrease of 11 percent year on year, with EBITDA at USD 394 million, down 18 percent, and a net loss of USD 5 million, down 104 percent. The exceptional circumstances facing the operation plus the negotiated settlement of USD 93 million saw Zain Iraq's financial performance severely affected.

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Categories: Mobile & Wireless
Companies: Zain Iraq
Countries: Iraq
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