SUMMARY:
The cellular markets in the MENA region are highly competitive, served by at least three operators across each country. Market competitiveness is further magnified by the presence of mobile virtual network operators (“MVNOs”) and mobile resellers in a number of Arab countries. This report provides an analysis of financial Key Performance Indicators of the telecom operators and groups in the Arab World. This report answers the following questions:• Which cellular operator topped the list in terms of generated cellular revenues in 2022 and H1 2023?• Which cellular operator recorded the highest ARPU during the periods under study?• How did the cellular operators perform in terms of EBITDA, EBITDA Margin, Net Profit, and Net Profit Margin during H1 2023 and 2022?• How did Telecom Groups’ financial performance differ between H1 2023 and 2022 in terms of generated revenues?• Which Telecom Group recorded the highest EBITDA and Net Profit Margins during the periods under study?