Vodafone Egypt reports 32 per cent growth in customer numbers

03 February 2009
Vodafone, the UK telecoms operator, has reported a 32 per cent increase in customer numbers at its Vodafone Egypt subsidiary, its largest business in the Middle East and North Africa.

The company had 17.6 million Egyptian mobile phone customers at the end of 2008, up almost a third on the end of 2007.

The disclosure means that Vodafone Egypt has 40 per cent of the country's mobile market, behind Mobinil, which is backed by France Telecom and the local Orascom Telecom, which has 19.2 million customers and 44 per cent of the market.

Egypt's third operator Etisalat Misr, the local subsidiary of the UAE's Etisalat, has 7 million customers and 16 per cent of the market.

Vodafone has not disclosed its revenues or profits for Vodafone Egypt, although it will update the market on the subsidiary's financial results after the end of its financial year, which ends on 31 March.

A MEED Subscription...

Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications