DIZLEE Forum
ZAIN IRAQ
ALI AL-ZAHID
CEO
الله اكبر
76%
OWNERSHIP
MNO
⑨zain
KOREK
Asiacell
Telecom
2003
g>
OPERATIONS
© Completion of first phase of the sale of towers in Q1 2023. The second phase will be concluded
during Q2 2023
Q1-22
(USD m)
Q1-23
194
REVENUE
223
+15% YoY
⑨ Savings in Depreciation & Amortization on account of assets held for sale
Favorable court verdict, won the case against the launch of 4G routers in the market
© Customer base grew by 4%, adding 648K customers to the base driven by 4G expansion
Zain Cash delivered solid performance, customers up 35%, revenue up 251% YoY
Digital operator "oodi" performing exceptionally, Q1'23 already reached 55% of 22's total Revenue
Zain Cash secured the license to offer credit cards in 2023
© Removal of sales tax of 20% on prepaid recharges starting December 2022
18.2M
52%
46%
$4
92%
(40)
4G
$22M
CUSTOMER
BASE
MARKET
SHARE
VALUE
SHARE
BLENDED
ARPU
PREPAID
BASE
NETWORK
TECHNOLOGY
TOTAL
CAPEX
Q1-22
(USD m)
Q1-23
81
EBITDA
76
-5% YoY
Q1-22
(USD m)
Q1-23
3
NET
INCOME
+840% YoY
30
99%
POPULATION
COVERAGE %
108%
MARKET
PENETRATION
26View entire presentation