2016, a more positive picture than the appearance
By the end of December 2016, the revenues increased by 8.77% to reach FCFA157.472bn vs. FCFA144.774bn, a year ago. This performance was driven by the improvement of the mobile customer base. In fact, the mobile customer base continued on its growth pace (+4%) to reach 7 million vs. 6.76 million, yoy. The broadband activity also increased to witness a slight improvement of +1%. However, the internet park was down by -9%.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
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