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Tuesday 21 September 2021
HomeNewsTunisia: Tunisiana increases its net profit by 51.8%

Tunisia: Tunisiana increases its net profit by 51.8%

The number of subscribers of Tunisiana stood at 7.39 million customers, at the end of the first quarter of 2014, up 2.0% compared to 2013.

Revenues reached 161.3 million dollars against 169.1 million dollars a year earlier, according to figures from Wataniya Telecom, parent of Tunisiana.

The total net income totaled $ 27.3 million, up 51.8 % compared with $ 18.0 million for the same period in 2013.

Net income attributable to Wataniya Telecom at the first quarter of 2014 was $ 20.5 million against $ 3.5 million in the corresponding period of 2013.

Sheikh Abdullah Bin Mohammed Bin Saud Al Thani, Chairman of Wataniya Telecom said that

“the first quarter was marked not only by an overall positive start of the year for Wataniya Telecom, but has also given a new proof of the success of our initiatives through our strategic businesses.”

“Ooredoo Algeria continues to gain market share, generating revenue growth and profits. Despite continued difficult market conditions in Tunisia, Tunisiana Ooredoo delivered a solid quarterly performance. Our markets continue to be very competitive, but we are making progress in the implementation of our growth strategy in the long term.”

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