Industry Updates

'SAMENA Daily' - News

Ooredoo Algeria subscriber base up 2% in 2021

Ooredoo Algeria’s customer base increased by 2 percent in 2021 to 12.8 million at year-end. The company reported strong numbers despite the continued devaluation of the Algerian Dinar, which depreciated by 8 percent year-on-year.

Revenues stood at KWD 188.5 million in 2021, and in local currency terms, revenues were up by 8 percent, its parent company reported. EBITDA increased by 4 percent to KWD 65.1 million from KWD 62.6 million in 2020.



Source: https://www.telecompaper.com/news/ooredoo-algeria-subscriber-base-up-2-in-2021--1413789

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