Mobilink exhibits robust growth in 2010


KARACHI – Mobilink, Pakistan’s market leader in cellular services and part of Orascom Telecom Holding (OTH), has posted growth in revenues, EBITDA and subscriber base in 2010. According to the full year earnings release, issued by OTH, Mobilink has registered 8.7 percent growth in revenues, at Rs 94.3 billion, in 2010 compared to Rs 86.8 billion in 2009.
The company’s EBITDA also showed an annual growth of 17.8 percent and reached Rs 37.3 billion in 2010 compared to Rs 31.7 billion in 2009. EBITDA margins improved from 36.5 percent to 39.6 percent in 2010. Mobilink continued to be the country’s favourite cellular network, as its subscriber base grew 3.2 percent and reached 31.8 million in December 2010.