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Financial year 2023: Sonatel achieves a net profit of 82.7 billion FCFA in the first quarter

12/05/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The Sonatel group achieved a net profit of 82.7 billion, an increase of 31.9% in the first quarter of 2023 compared to the previous year. Over the same period, revenues also increased by 9.8% to $384.7 billion

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According to a note published on its website, the growth of the Sonatel group comes from data, fixed deposits and Orange Money. The group, which claims 38.3 million mobile subscribers and 16.4 million mobile internet subscribers, including 11.8 million for 4G, also has 27 million Orange Money accounts, of which 10.8 million are active. These figures do not disguise customer complaints, especially in Senegal, regarding network coverage, quality of service, and the rates applied

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