View Full Version : Asiacell Revenues Up

Investors Iraq News
02-12-2018, 11:52 PM
By John Lee.
Qatar-based Ooredoo has announced that revenue at its Asiacell subsidiary in Iraq increased 6 percent to QAR 4.5 billion, while and EBITDA increased 3 percent to QAR 2.0 billion, for the year ended 31th December 2017.
EBITDA margin was put at 44 percent.
In a statement, the company said:
“A key opportunity in 2017 was restoring our network sites in the liberated areas and helping customers living there to reconnect to our services.
“As a result, Asiacell increased customer numbers by 8% to reach almost 13 million as network recovery advanced in the liberated areas in the north and west of the country.“
(Source: Ooredoo)

Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2018/02/13/asiacell-revenues-up/)

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