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HomeNewsTunisia: Ooredoo reports 9% rise in revenue

Tunisia: Ooredoo reports 9% rise in revenue

Ooredoo Tunisia reported a 9 percent rise in revenue and EBITDA growth of 7 percent in local currency terms for the year ended 31 December 2018 compared with 2017.

Growth was driven by an 8 percent increase in the subscriber base, resulting in gains in data revenues and an increase in enterprise revenues.

Performance in Qatari Riyals was hit by currency depreciation of 9 percent year on year, with revenue at QAR 1.5 billion and EBITDA at QAR 595 million.

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