Home | News    Wednesday 30 April 2014

Zain Sudan records robust revenue growth


By Julius N. Uma

April 29, 2014 (JUBA/KHARTOUM) - The Sudan operations for telecoms company Zain said it recorded a 4% revenue increase in US dollar terms for the first quarter of the year, ending 31 March 2014.

JPEG - 11.1 kb

According to the statement, the telecom player’s customer base in Sudan also grew to reach 11.9 million at the end of the period.

For instance, last year Zain said that it had 11.7 million customers in Sudan and a 43% market share in the North African country.

However, while the telecom company notes a 4% growth for its Sudan operations, the growth figure in Sudan’s local currency, the Sudanese pound, is reflected to be higher because of this currency weakening dramatically against the dollar in this year.

“In local SDG currency terms, revenues grew by 8% year-on-year,” reads the statement.

Meanwhile, Zain noted that its South Sudan operations “had several challenges that resulted in reduction of customer base.”

The telecoms group also announced that for the first quarter of 2014 it generated consolidated revenues of $1.1 billion (KD 311.1 million) up 4% when compared to the same period in 2013.

“Consolidated group data revenues (excluding SMS and VAS) witnessed a healthy 27% growth year-on-year, with data now forming 15% of all Zain’s service revenues,” the company says.

The telecom giant also noted that the two loans announced this year also contributed to the growth of group revenue.

According to Zain, earnings before interest, tax, depreciation, and amortization (EBITDA) reached $469 million (KD 132.2 million) compared to $448.7 million during the first quarter of 2013.

This resulted in a comparative increase of 5%, noted the company.

“Across many of our markets, we are witnessing growth in key financial indicators as we drive efficiency and innovation,” said Scott Gegenheimer, Zain Group’s Chief Executive Officer (CEO).

“The healthy 27% annual growth rate in data revenues with data now reflecting 15% of all Zain group’s service revenues, emphasizes the appeal and quality of our product and service offerings and justifies the huge investment we continue to make in our 3G and 4G networks,” he added.

Operational in 8 countries, reportedly provides mobile voice and data services to over 46.2 million active customers.The company is listed on the Kuwait Stock Exchange.


Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article


The following ads are provided by Google. SudanTribune has no authority on it.

Sudan Tribune

Promote your Page too

Latest Comments & Analysis

SOUTH SUDAN: peace or genocide? 2015-10-07 12:59:30 By Richard Moula President Salva Kiir of South Sudan has once again declared a war of genocide and ethnic cleansing on the small ethnic tribe of Moru in Western Equatoria. As from 16th (...)

G-10 critique of establishment order is a complete baloney 2015-10-07 12:59:22 By Gordon Buay Muolana John Luk must be joking to argue that the Establishment Order that created the 28 states violated South Sudan Transitional Constitution without admitting that the (...)

Why rejecting creation of more states in South Sudan? 2015-10-05 16:31:37 By Peter Gai Manyuon South Sudanese president Salva Kiir has unilaterally decreed expansion of the current Ten (10) states to 28 federal states in the country in an unexpected move announced on (...)


Latest Press Releases

S. Sudan civil society groups to the 28 states issue to constitutional body 2015-10-08 17:26:10 South Sudan Civil Society Organizations Submission on the Creation of 28 States in the Republic of South Sudan Press Statement For immediate Release 8th October 2015 Following the announcement (...)

Sudan Democracy First Group Statement on The International Day for Democracy 2015-10-01 22:18:58 22 September 2015 Sudan Democracy First Group (SDFG) commemorated on 15 September 2015 the International Day for Democracy, which the United Nations (UN) marks as a day to encourage governments (...)

Ambassador Buay congratulates South Sudanese diplomats for blocking sanctions 2015-09-19 00:20:30 SOUTH SUDAN DIPLOMATS IN MOSCOW SHOULD BE CONGRATULATED FOR PERSUADING THE FEDERATION OF RUSSIA TO BLOCK SANCTIONS For Immediate Release 9/18/2015 The people of South Sudan are extremely (...)


Copyright © 2003-2015 SudanTribune - All rights reserved.