Sudatel reports 11% fall in net income in H115

Sudatel announced its consolidated financial results for the first half of 2015, reporting that for the first six months of 2015 the telco generated consolidated revenues of US$220 million, flat year-on-year (Y-o-Y) in local currencies (down six per cent Y-o-Y in US$).

The group’s consolidated EBITDA for the period amounted to US$75 million, an increase of five per cent Y-o-Y in local currencies. EBITDA margin rose by two per cent to 34 per cent at the end of the period. Consolidated net income reached US$25 million, down 11 per cent Y-o-Y in US$ terms.

Sudatel has a diverse portfolio of subsidiaries ranging from data centres to submarine cable companies and local telcos in Sudan and across Mauritania, Senegal, Ghana, and Guinea Conakry.