Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Telecom

Ivorian telecoms sector made $373 mln revenues in Q2 2019, down 2% YoY

Wednesday, 23 October 2019 16:08
Ivorian telecoms sector made $373 mln revenues in Q2 2019, down 2% YoY

(Ecofin Agency) - Over the second quarter this year, the Ivorian telecoms sector generated a turnover of 220,075,665,644 CFA Francs (about $373 million), down 1.94% compared to revenues in Q2 2018, the sector regulator -ARTCI- announced.

Investments made during this second quarter totaled 22,116,475,588 CFA Francs ($37.3 million), 33.25% less than the volume in the second quarter last year. Fixed telephony segment generated 20.3 billion CFA Francs ($34.4 million) of revenues over the period reviewed, for 302,043 subscribers, with an investment of 2.9 billion CFA francs ($4.9 million). Mobile telephony revenues reached 191.2 billion CFA Francs ($324.7 million) for 35,924,714 subscribers, with an investment of 18.943 billion CFA Francs ($32 million).

With regard to fixed Internet, it had a turnover of 8.7 billion CFA francs ($15.2 million) for 195,969 subscribers, with an estimated investment of 182.7 billion CFA francs ($310 million). As for mobile Internet, it had a turnover of 35 billion CFA francs (59.4 million $), for 15,793,624 subscribers.

As a reminder, revenues generated by the telecom sector in Côte d'Ivoire amounted to $920 million at the end of 2018, representing a 9% contribution to GDP.

André Chadrak





 
Finance


 
Mining


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.