Egypt's Orascom reports Q3 net loss of 72.6 mln Egyptian pounds

Sunday 16-11-2014 11:18 AM
Egypt's Orascom reports Q3 net loss of 72.6 mln Egyptian pounds

People walk past the Sawiris Towers where the Middle Eastern telecommunications headquarters of Orascom Telecom is located in Cairo September 18, 2011. REUTERS/Mohamed Abd El-Ghany

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CAIRO, Nov 16 (Reuters) - Egypt's Orascom Telecom reported a net loss of 72.6 million Egyptian pounds ($10.2 million) in the third quarter, compared with a loss of 248.3 million a year ago, the company said on Sunday.

Orascom saw revenues of 792.8 million pounds in the quarter, up from 739.2 million a year ago, the company said.

(1 US dollar = 7.1500 Egyptian pound) (Reporting by Ehab Faruok; Writing by Shadi Bushra; Editing by Mark Potter)

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