Industry Updates

'SAMENA Daily' - News

Egypt seizes 4% of France's Orange total revenues

The Egyptian market is participating in the total revenues of France's Orange by four percent, Michel Monzani- Senior Vice-President, Middle East & North Africa Operations- stated Thursday.

In a press conference held in firm's headquarters in Paris, Monzani said the total revenues of the French multinational telecommunications corporation are estimated at €40 billion.

He added that Orange has offices in 28 states all over the world; 19 are in Middle East and Africa.

The activities of Orange's 19 offices in Middle East and Africa are participating by 11 percent in it global revenues.

The total number of Orange's clients all over the world has reached 260 million; 110 million clients in Africa and Middle East, the official.

Monzani asserted that Egypt is one of the largest markets in which Orange -the owner of Mobinil- is working since the number of Egyptian users has reached 33 million, representing 33 percent of Africa and Middle East clients.



Source: http://www.zawya.com/story/Egypt_seizes_4_of_Frances_Orange_total_revenues-ZAWYA20151110042306/#utm_source=zawya&utm_medium=web&utm_content=latest-news&utm_campaign=free-homepage

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