The Egyptian mobile perator Mobinil posts a net income of $97 million, a rise of 15% in Q3’08, higher than expected by investment bank EFG-Hermes, which forecasted a drop to $70.32 million. The telco’s EBITDA rose by 29% to $230.80 million.
Mobinil reported a subscriber base of 18.91 million at the end of Q3’08, a rise of 38%.

Wireless  Telecom 

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