0
Wireless

Zain subscribers up 7% to 44.4 mln

Monday 29 July 2013 | 11:07 CET | News
Zain Group added 3 million new active customers over the past twelve months to serve 44.4 million as of 30 June, reflecting a 7 percent growth rate. For the first six months of 2013, the Middle East mobile operator's revenues reached USD 2.12 billion, EBITDA totaled USD 935 million, and the EBITDA margin was 43.3 percent. Net income reached USD 397 million or USD 0.10 per share. The group said adverse currency effects predominantly in Sudan cost the company the equivalent of USD 347 million in revenues, USD 150 million in EBITDA and USD 80 million in net profit for the six-month period. Group

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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: Zain / Zain Bahrain / Zain Group / Zain Kuwait / Zain Sudan
Countries: Middle East
::: 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

Jordan to name winner for 4G network by end of January

Published 07 Jan 2014 11:15 CET | Jordan
The Jordanian government says it will announce the name of the investor with the winning bid to provide a 4G network before the ...

Zain Group revenue flat in Q3 at USD 1.1 bln

Published 11 Nov 2013 15:32 CET | Middle East
Middle East mobile operator Zain Group recorded revenues of USD 1.1 billion for the third quarter, effectively flat compared to ...

Zain South Sudan runs publicity drive, backs youth peace

Published 04 Oct 2013 14:31 CET | South Sudan
Zain South Sudan has launched a multimedia publicity drive focusing on the sense of optimism and hope that many people in the ...

STC covers 76.1% of Saudi Arabia with 4G network

Published 24 Sep 2013 10:50 CET | Saudi Arabia
Saudi operator STC said it now covers more than 76.1 percent of Saudi Arabia with its 4G network. It said this makes it the ...

Zain Group eyes possible acquisitions

Published 10 Sep 2013 16:58 CET | Middle East
Zain Group CEO Scott Gegenheimer said the mobile operator is reviewing acquisition opportunities as they arise, and the main ...