ONATEL-Orange, Let the battle begin !
During Q1 2017, the revenues dropped by 2% to reach FCFA41.463bn vs. FCFA42.181bn, a year ago. The mobile customer base grew smoothly by 2% to reach 7.04 million vs. 6.91 million, yoy. However, the broadband activity and the internet park were down, respectively, by -1% and 8%.The operating income jumped by 35% to FCFA14.045bn vs. FCFA10.425bn by the end of March, 2016. The net profit increased significantly by 59% to FCFA10.31bn vs.
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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