Monday, 22 January 2018

Zain Q3 performance hampered by Sudan currency slump

By Total Telecom Staff
Monday 30 October 17

CEO talks up Omantel investment, upcoming towers sale after EBITDA plunges 23%

Zain on Saturday reported hefty declines in third quarter revenue and earnings, as the steep devaluation of the Sudanese pound took the sheen off an otherwise strong performance. The Kuwait-based telco's revenue for the three months to 30 September came in at 259 million dinars (&euro…

Zain on Saturday reported hefty declines in third quarter revenue and earnings, as the steep devaluation of the Sudanese pound took the sheen off an otherwise strong performance. The Kuwait-based telco's revenue for the three months to 30 September came in at 259 million dinars (&euro…

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