Local mobile sales drop 50% after flotation - Daily News Egypt - News Summed Up

Local mobile sales drop 50% after flotation - Daily News Egypt


He told Daily News Egypt that the recent economic measures had a great impact on the market, where sales dropped by 50% in the first four months of 2017, compared to the same period in 2016. He pointed out that expectations point to growth in sales in the second half of 2017 compared to the same period in 2016. Yet, despite the growth, sales will remain lower than 2016, he said. The company is currently carrying out negotiations with Telecom Egypt (TE) in order to provide the latter with 4G smart phones. Wagih added in a statement to Daily News Egypt that the company has an agreement with Orange Egypt to sell its smartphones to the customers of Orange.


Source: Daily News Egypt May 30, 2017 11:48 UTC



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