Annual report and accounts 2008

 

• Revenue growth of 30% year-on-year
• Improvement in profitability and an EBITDA margin of 43%, close to the Group target
• Net profit* of $517 million, up 36%
• Total capex of $1.4 billion for the full year, reflecting substantial opportunities for growth
• Net debt to full year EBITDA ratio of 1, enabling significant continuing investment
• Cash upstreaming of $543 million
• 8.8 million subscribers added in 2008
• Acquisition of Amnet, the cable and broadband business in Central America
• Third national license acquired in Rwanda
• Launch of 3G across Latin America

*excluding one-off items