Onatel revenue up
Burkina Faso’s Onatel has reported a 16% revenue improvement in its first quarter of 2012.
Office Nationale des Telecommunications (Onatel) generated net profit of XAF4.623 billion (USD9.1 million) in the first quarter of 2012, an increase of 219% compared to the XAF1.450 billion reported in the same quarter a year ago.
The growth was driven by a 16% year-on-year increase in revenue from XAF24.002 billion in Q1 2011 to XAF27.898 billion.
The company now has 31,614 internet customers, 141,928 fixed line subscribers and 3.03 million mobile subscribers.