Telecommunications and ISP in the Sudan, Sudatel Telecom Group (STG) plans to boost its investment in domestic and Pan-African operations following increased 2016/17 revenues and profits. The company's latest financial statement detail plans for continued expansion of infrastructure across West Africa. According to the statement, STG has increased revenues to US$252 million in H1 2017, up 8% from H1-2016, and its gross profit also increased by 22% from US$87 million in H1 2016 to US$106 million in H1 2017. The telco says over the past year, it has continued to heavily invest in its domestic and pan-African operations as demand for telecom services across the region continues to grow. The company runs a telecom business in countries, including Sudan, Mauritania, Senegal and Guinea Conakry covering the areas of mobile, fixed, internet and broadband services.
Source: The North Africa Journal September 13, 2017 08:37 UTC