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Telecommunications: increase in Sonatel's revenues in fiscal year 2024

27/02/2025
Source : ORISHAS FINANCE
Categories: Sectors

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Thanks to mobile data, broadband and Orange Money, the Senegalese telecommunications giant Sonatel recorded a 9.6% growth in its turnover in fiscal year 24, to 1,776.4 billion CFA francs (2.84 billion dollars).

The leading telecommunications operator in French-speaking West Africa, the mobile telephone operator listed on the BRVM maintains 60% of the market share in Senegal, Mali, Mali, Mali, Guinea, Guinea- Bissau and Sierra Leone. Indeed, EBITDA after lease (EBITDAaL) increased by 12.3% year-on-year to reach 839.2 billion CFA francs (1.34 billion dollars). Net income jumped by 18.7% year-on-year to reach 393.7 billion CFA francs (629.1 million dollars). Capital expenditure increased by 18.5% year-on-year to 300.5 billion CFA francs (480.3 million dollars), reflecting investments in infrastructure and the expansion of 5G

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A notER qu' au Over the past month, the stock climbed 8%, ranking 21st on the stock market. Sonatel's 40th anniversary in 2025 marks a strategic shift towards digital expansion, fintech, and fiber optic investments

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