Wataniya Telecom Algeria to break even

25 Mar 2008

In his first interview since becoming CEO of Wataniya Telecom, Scott Gegenheimer revealed that Wataniya Telecom Algeria (Nedjma) would break even in the near future for the first time after four years of operations. ‘Algeria is one of the markets that has the biggest potential … I believe it is turning profitable in 2008’, he said. According to TeleGeography’s GlobalComms database, Nedjma lost USD35.2 million last year, down from a loss of USD41 million in 2006.

Saudi Arabia, Ooredoo Algeria