Friday, January 27, 2012

New tax to hit Zain Sudan earnings in 2012

A new tax on telecoms operators introduced by the Sudanese government to make up for the loss of oil revenue from the newly independent South is expected to impact on Zain Sudan’s earnings this year, despite an anticipated rise in the firm’s mobile subscriber base by two to three million, the unit’s CEO Ibrahim Ahmed El-Hassan told news agency Reuters.


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OVETEL New tax to hit Zain Sudan earnings in 2012

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