mobilis to invest 2 bln to raise market share
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Mobilis to invest $2 bln to raise market share

Arab Today, arab today

Arab Today, arab today Mobilis to invest $2 bln to raise market share

Algiers - APS

Public mobile phone firm Mobilis will invest two billion dollars (DZD142 billion) over five years to modernize its equipment and bring its market shares to 45 percent, its CEO Saad Damma said Saturday. "We seek to get 45% of the market shares with this investment," to run until 2016, said Damma, appointed recently to the top job at Mobilis. The mobile phone firm’s goal in relation to market shares is achievable, especially if the regulatory authority intervenes, as it is done worldwide, to restore the market balance and prevent that one of the mobile phone firms outclasses its competitors, he said. The state-owned mobile firm currently holds 29 percent of the market shares, with about 11 million subscribers. The investment will mostly be carried out with the firm’s own funds, as Mobilis will provide 87 percent of the project’s financing (DZD142 billion), the rest will be funded through bank credits, Damma noted.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mobilis to invest 2 bln to raise market share mobilis to invest 2 bln to raise market share

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

mobilis to invest 2 bln to raise market share mobilis to invest 2 bln to raise market share

 



GMT 21:38 2017 Monday ,30 October

Arab coalition to confronting Houthis

GMT 05:09 2017 Wednesday ,20 September

UK to take 130 more lone refugee children in Dubs

GMT 16:27 2011 Thursday ,07 July

More photos come up

GMT 10:49 2016 Monday ,19 September

Greek central banker denies rift with government

GMT 04:51 2017 Saturday ,21 October

EU puts brakes on Macron's Google tax push

GMT 11:35 2017 Friday ,17 March

Bahrain Bourse daily trading report

GMT 20:38 2017 Friday ,24 February

20 terror suspects, including 4 women, arrested

GMT 10:40 2017 Saturday ,29 April

Sudan condemns Paris' terrorist attack

GMT 08:33 2017 Tuesday ,21 November

Hezbollah denies sending arms to regional conflicts

GMT 23:14 2017 Tuesday ,02 May

Deputy premier meets Malaysian counterpart

GMT 10:45 2016 Monday ,25 July

Warner, Marvel wow Comic-Con

GMT 09:17 2017 Monday ,08 May

Macron marches to French presidency
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday