mobinil expected to see 24drop
Last Updated : GMT 21:09:59
Arab Today, arab today
Arab Today, arab today

Mobinil expected to see 24 % drop

Arab Today, arab today

Arab Today, arab today Mobinil expected to see 24 % drop

Cairo - Arabstoday

The Egyptian Company for Mobile Services (Mobinil) will release its fourth quarter of 2011 financial results on Monday evening, according to the daily Beltone financial report. Beltone expects Mobinil’s Q4/2011 results to reflect the impact of resorting back to the strategy which was set in Q2/2011, where the focus remained on value and margin protection, as opposed to aggressive subscriber acquisition. The financial company estimates a decline of 2.6 per cent in Q4/2011 profits compared to Q3/2011 to reach EBITDA LE‎839 million and a significant deterioration year-on-year of 24 per cent versus EBITDA LE1.1 billion in Q4/2010. \"We expect EBITDA margin to witness further pressure in Q4/2011, due to an anticipated change in the accounting of the employees\' compensation scheme for year-end bonuses, which we believe should be more than offset the company’s operational strategy of margin protection,\" Beltone reported on Monday. Beltone expects Mobinil\'s revenues to grow 1 per cent quarter-on-quarter, recording LE‎622.6 million in Q4/2011 while seeing a 5 per cent drop year-on-year. In October Egypt\'s Mobinil posted a 96 per cent fall in year-on-year third quarter net profits to LE10 million (US$1.6 million) but reversed a loss from the previous quarter. In early February France Telecom said it had reached a preliminary accord to buy out most of Egyptian tycoon Naguib Sawiris\' stake in their jointly owned telecom operator Mobinil, in a deal that will see the French group pay out about 1.5 billion euros, according to Reuters\' calculations.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mobinil expected to see 24drop mobinil expected to see 24drop

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mobinil expected to see 24drop mobinil expected to see 24drop

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday