The board of Egyptian Company for Mobile Services (Mobinil) endorsed financial highlights for H1-14, showing that net loss deepened 22% to EGP 326 million, compared with EGP 268 million in the same period a year earlier.
Total sales amounted to EGP 5.1 billion, compared with EGP 5 billion in H1-13.
The telecom operators had widened FY13 loss by 97.7% to EGP 457.653 million, compared with EGP 231.017 million.
FY13 revenues rose 3.4% to EGP 10.584 billion, from EGP 10.339 billion in FY12.