wataniya

The Kuwaiti telco witnesses a robust growth in revenue on the back of strong domestic and Algeria operations.

Wataniya Telecom also, known as National Mobile Telecommunications Co. based in Kuwait stated that its net profit for the second quarter rose by 18.7% to $85.4 million from $71.9 million the preceding year for the same period; Tunisian operations have been significantly attributed by the jump in revenue.

Earlier, analysts had predicted a figure in the tune of $83.68 million while one other source forecast $74.87 million; the telecom’s results have exceeded them all.

There was an increase of 35.2% in revenue for the quarter to $669.11 million as compared to $494.76 million in the same quarter the preceding year.

The telco also witnessed a rise in its customer base by 6.8% to hit 16.9 million by the end of the second quarter, as compared to 15.8 million for the same period the preceding year.

According to Sheikh Abdullah Bin Saud Al Thani, Chairman of Wataniya Telecom, Year on Year revenue increase of 15.4% in Kuwait and 30.6% in Algeria shows that investments of previous periods are starting to pay off and that they are capable of driving progress in competitive markets. On the other hand, Tunisiana’s robust performance demonstrates the ability to overcome challenges and produce solid results.

Qatar Telecom or Qtel which is the Gulf Arab state’s largest telecom operator, in partnership with Tunisian investment firm Princesse Holding asserted on November 22 that they would pay Orascom Telecom $1.2 billion for its 50% stake in its Tunisian unit, Tunisiana. Eventually, Qtel completed the acquisition through Wataniya Telecom whose majority stakes it owns. In addition, Qtel had raised its stake in Tunisiana to 75% earlier this year.

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A recent report has revealed that Algeria is likely to not launch 3G to the market, and instead make the leap to more advanced technologies, like LTE.

As per the study, despite the lack of reliable mobile broadband technology, mobile data generated US$801 million in revenues in 2010. Mobile data revenue is expected to have a strong showing over the forecast period with a revenue CAGR of 19.7% between 2010 and 2015.

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STC has introduced Sawa International, offering international calls to selected countries from US$0.14 per minute.

The company claims this is the cheapest international fare for prepaid cards in the country.

Under the new offer, STC customers can make discounted calls to India, Pakistan, Bangladesh, Egypt and Philippines for US$0.14 per minute, while calls to Indonesia, Sri Lanka, Turkey, Sudan, Yemen, Syria, Jordan, Libya, Lebanon and Nepal cost US$0.18 per minute.

Calls to Kuwait and UAE cost US$0.23 per minute. The discounted rate for calls to Morocco, Algeria, Afghanistan, Ethiopia and Eritrea is 102 halls per minute and calls to Somalia are US$0.34  per minute.

STC announced that this offer is available to all Sawa and Lana customers for one month starting 13 May.

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Nedjma has reported that its revenues grew by 38% year-on-year in Q1 to US$185.09 million.

At the same time, EBITDA improved by 50% versus the year-ago quarter to US$69.97 million. Its number of customers decreased owing to ongoing subscriber base clean up, while it’s corporate based continued to grow.

At the end of Q1, the operator had 8.076 million customers, compared to 8.276 million a year-ago. By the number of customers, it has a market share of 30 percent that is one percent lower than in Q1 2010.

Blended ARPU rose to US$7.39 versus US$7.03 in the previous quarter and US$5.32 in the year-earlier period.

 

 

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Orascom Telecom has posted revenues of US$3.82 billion for 2010, an increase of 2% from a year earlier, and EBITDA improved 4% to US$1.58 billion.

According to the company, it saw solid growth across all its GSM operations, apart from Algeria, where it has suffered from its dispute with the government. The figures exclude Tunisiana, which was sold in January to Qtel.

The company’s net profit doubled to US$781 million, thanks to a gain of US$300 million on the restructuring of its shareholding in Egypt’s Mobinil. Orascom finished the year with net debt of US$4.0 billion, equal to 2.5 times EBITDA.

Including the proceeds from Tunisia, net debt was 1.9 times EBITDA. The company had 101.68 million customers at year-end, up from 87.64 million in 2009 and 97.52 million in September 2010. Growth was driven by Bangladesh, as well as higher customer numbers in Lebanon, Canada, Africa and North Korea. ARPU for the last three months slid to US$4.5, from US$5.1 a year ago and US$4.6 in Q3. Capex for 2010 declined to 13%to US$660 million, or 17.3% of sales.

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Djezzy has added 168,000 new subscribers in the fourth quarter, to finish the year with a total base of 15.09 million, an increase of 3.2% from 2009.

The company estimates its market share a 57.6%, declining slightly from 59.4% in 2009. Revenues for the full year 2010 were down 4.7% to US$1.80 billion, and EBITDA fell 7.2% to US$1.01 billion.

Capex dropped to US$90 million from US$261 million a year earlier, as the company faced government restrictions on importing equipment.

Djezzy’s parent company Orascom stated that subscriber additions picked up from December when it managed to secure new SIM cards from local manufacturers. ARPU dropped 6.9% over the year.

 

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Mobilis launches SMS banking (Algeria)

Mobilis has collaborated with partnered Algerie Poste to launch ‘Racidi,’ an SMS-based m-banking service that allows customers who have Algerie Poste accounts to get information about their account (compte courant postal, CCP).

The service is available to both postpaid as well as prepaid customers. To obtain information about their account such as account balance, customers need to send an SMS according to a requested format to 603.

 

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Kapsch CarrierCom has announced that it has signed a contract for the supply and installation of a GSM-R system for ANESRIF, the national agency responsible for railway infrastructure investments in Algeria.

On the Saida Moulay Slissen 110km route, Kapsch CarrierCom will install Synchronous Digital Hierarchy (SDH) to support an ERTMS signaling system, which enables the combining of low-rate traffic streams into a high-rate traffic stream.

The order also includes associated construction works, such as telephone masts. The route, which will be equipped by Kapsch CarrierCom, is part of the “Rocade des hauts Plateaux” route network. To deliver best service to the customer, Kapsch CarrierCom just opened an office in Algier.

Currently around 10 people are employed in the new office with the prospect to enlarge the number of employees depending on further customer projects.

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Telecommunications regulator ARPT’s head of communications, Faical Madjahed has stated that there were 32,780,165 mobile phone users in Algeria at the end of 2010, 50,341 more than a year earlier.

He stated that despite a rise in customers, the country’s mobile penetration rate fell to 90.3% in 2010 from 91.68% in 2009.

Orascom Telecom Algeria (Djezzy) increased its mobile customer base to 15.09 million, for a 46 percent market share, versus 14.62 million at the end of 2009.

Algerie Telecom’s Mobilis service saw its customers shrink to 9.45 million from 10.08 million, for a 28.8 percent market share.

Finally, Wataniya Telecom Algeria (Nedjma), increased its user base to 8.25 million at the end of 2010 (25.2% share) from 8.03 million a year earlier.

According to the ARPT, monopoly fixed phone operator Algerie Telecom had slightly over 3 million fixed phone customers at the end of February 2011, 2.54 million with land lines and 533,300 on WLL. Madjahed added that there were an estimated 830,000 ADSL subscribers in the country at the end of February, for an around 10 percent penetration rate.

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Orascom Telecom has made no progress in a dispute with the Algerian government over the future of its unit Djezzy.

According to Naguib Sawiris, there is no progress till now on the matter of Djezzy.

Financial daily Al Mal reported earlier that Sawiris had delayed a move to international arbitration in the dispute with Algeria and saw room for an amicable solution once he completes a deal to sell most of Orascom to Russian firm VimpelCom.

The Algerian government has been seeking to buy Djezzy as part of an ongoing dispute over tax demands.

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