Zain 2010 Earnings Release Page 14 of 15 Market Overview 2010 2009 Population (000s) 4,272 4,237 GDP/Capita ($; PPP) 14,200 12,165 Mobile Penetration 67% 56% Number of Peers 1 1 Ownership MC MC Customers (000s) 1,499 1,313 Postpaid 240 214 Prepaid 1,259 1,099 Financial Performance 2010 2009 Annual Growth Revenues ($ m) 106.7 90.1 18% EBITDA ($ m) 32.3 22.6 43% EBITDA Margin 30% 25% - Net Income ($ m) 27.1 19.1 42% 2009 2010 27 19 32 23 107 90 Revenues EBITDA Net Income Lebanon In June 2004, MTC won a 4-year management contract to operate one of Lebanon’s two GSM networks. Rebranded to mtc touch, Zain has committed to developing the Lebanese operation to its maximum potential by establishing a world class service. On 31st May 2010, the Network Management Agreement (NMA) was extended for a period of 3 months from July 31 2010 to October 2010; thereafter renewable for another 3 months - beyond end October 2010 until end of January 2011, and was further renewed on February 1, 2011 for 12 months. The disclosed revenues are those from the management contract and not the total revenues of the operation which are collected by the Government of Lebanon. Financials ($ m)
Zain 2010-earning release-mtc-lebanon
Jan 25, 2015
The earnings of MTC Touch for the year 2010 are available publicly on Zain's website and have been extracted here for your convenience.
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Zain 2010 Earnings Release
Page 14 of 15
Market Overview 2010 2009
Population (000s) 4,272 4,237
GDP/Capita ($; PPP) 14,200 12,165
Mobile Penetration 67% 56%
Number of Peers 1 1
Ownership MC MC
Customers (000s) 1,499 1,313
Postpaid 240 214
Prepaid 1,259 1,099
Financial Performance 2010 2009 Annual Growth
Revenues ($ m) 106.7 90.1 18%
EBITDA ($ m) 32.3 22.6 43%
EBITDA Margin 30% 25% -
Net Income ($ m) 27.1 19.1 42%
2009 2010
27193223
10790
RevenuesEBITDANet Income
Lebanon
In June 2004, MTC won a 4-year management contract to operate one o f Lebanon ’s two GSM networks. Rebranded to mtc touch, Zain has committed to developing the Lebanese operation to its maximum potential by establishing a world class service. On 31st May 2010, the Network Management Agreement (NMA) was extended for a period of 3 months from July 31 2010 to October 2010; thereafter renewable for another 3 months - beyond end October 2010 until end of January 2011, and was further renewed on February 1, 2011 for 12 months.
The disclosed revenues are those from the management contract and not the total revenues of the operation which are collected by the Government of Lebanon.
Financials ($ m)
Zain 2010 Earnings Release
Page 1 of 15
Earnings Release2010
About Zain
For more information about Zain, visit www.zain.com.
Or Contact our Investor Relations Team:
Note: All population figures, GDP per Capita and Mobile Penetration figures are sourced from CIA Fact book and WCIS.
Zain 2010 Earnings Release
Page 15 of 15
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