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Wireless Federation » Mobinil posts a subscriber base of 18.91 million at Q3-end (Egypt)

 Mobinil posts a subscriber base of 18.91 million at Q3-end (Egypt)

  • November 3rd, 2008
  • 5:25 am

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%.

   


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