Sudatel revenues up, profits down

19 Nov 2008

Sudatel has announced a year-on-year fall of 52% in third-quarter net income after auditors required the telco to write off the cost of acquiring customers over a three-year period rather than five, reports Meed. Net income came in at USD43 million on the back of a 14% climb in revenue to USD186 million. Sales were boosted by a 23% increase in wireless subscribers after a carefully targeted campaign to sign up former MTN Sudan customers. MTN was forced to disconnect over a million users after the state claimed the company had breached government regulations.

Sudan,Sudatel (Sudani),

Subscribe



Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share