Ooredoo Algeria maintained its growth in the first quarter of 2023, with positive results in its main financial indicators. In figures, the revenues of Ooredoo Algeria reached 21.4 billion Algerian dinars in the first quarter of 2023, compared to 21.1 billion Algerian dinars in the same period of 2022, an increase of 1.4%.
The customer base reached 13.0 million subscribers at the end of March 2023, compared to 12.9 million subscribers at the end of the same period in 2022. Earnings before interest, taxes, depreciation, amortization and provisions (EBITDA) amounted to 8.4 billion Algerian dinars, compared with 8.0 billion dinars at the end of the same period in 2022, i.e., an increase of 3.9%.
“We are determined to maintain our progression in the national telecommunications market, and we will consolidate our position as a key player in the national telecommunications market.”
During the first quarter of 2023, the company invested nearly 2.5 billion Algerian dinars. Also, the results of the first quarter of 2023 for Ooredoo Algeria prove once again its willingness to contribute more to the development of the mobile sector in Algeria through the acceleration of the digitalization of its services and solutions in the Algerian market.