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Wireless

Zain Sudan FY EBITDA rises by 4% to SDG 2.1 bln

Monday 20 February 2017 | 09:33 CET | News
Zain Sudan's EBITDA for the financial year ending 31 December 2016 increased by 4 percent to SDG 2.1 billion (USD 290 million, down 7% in dollar terms) while net income decreased 62 percent to SDG 398 million (USD 91 million, down 44% in terms). Data revenues (excluding SMS and VAS) formed 13 percent of total revenues, with annual growth of 42 percent (23% in dollar terms). In local currency terms, the operator continues to perform well, as revenues grew by 15 percent year-on-year to SDG 5.2 billion (USD 709 million, down 1% in USD terms) for the full year 2016.

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