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Telecom Egypt projects 7-9pc revenue growth in 2016

CAIRO, December 22, 2015

Telecom Egypt, the country's state-owned landline monopoly, expects revenue growth between 7 per cent and 9 per cent in 2016, it said on Tuesday.

The company projected a profit margin before interest, tax and depreciation of between 20 per cent and 30 per cent, it added in a statement to the Egyptian bourse.  - Reuters




Tags: revenue growth | Telecom Egypt |

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