✏️ BY: Dr. Hana Saada
Algiers- Algeria, May 8, 2024 – According to the Algerian Press Service (APS) report on Wednesday, Djezzy, the state-owned mobile operator, invested 8.3 billion dinars in the first quarter of 2024 to enhance its technological infrastructure in the country.
The company stated in a press release on its financial results that these investments aimed at strengthening Djezzy’s technological infrastructure have increased 4G coverage to 91.5% of the population, marking an 11-point improvement compared to the same period in 2023. Additionally, these investments have enhanced connectivity quality for customers.
During the first quarter, Djezzy introduced its new value proposition, the Djezzy Legend range, to enrich its portfolio of offerings. These new offers were designed to address the growing needs of both individual and corporate clients, especially in terms of mobile internet usage, where average consumption per customer increased by 22% compared to the same period in 2023.
Djezzy reported surpassing the 16 million customer mark, with an annual increase of 5.5% and over 800,000 new subscribers. Revenue reached 26.5 billion dinars in the first quarter of 2024, marking an 11% increase compared to the same period last year. The company highlighted that this double-digit growth, achieved for the fourth consecutive quarter, reflects its strong market position and the increasing trust of its customers in its services.
The mobile operator also noted that its EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 13.4% to reach 12.1 billion dinars in the first quarter of 2024. This, according to Djezzy, demonstrates the maintenance of robust profitability. With an EBITDA margin of 45.9%, the company continues to enhance the efficiency of its operational model.
Furthermore, Djezzy mentioned its ongoing contribution to the national solidarity movement through its employees and partners, including the Algerian Red Crescent (CRA) and the Algerian Muslim Scouts (SMA).
About Dzair Tube Media Group
Dzair Tube has firmly established itself as a prominent player among Algerian digital news sites, offering a diverse and enriching content experience. The platform, available in Arabic, French, and English editions, captures the attention of a wide-ranging audience, amassing over half a million daily clicks.
A testament to its commitment to excellence, Dzair Tube received the prestigious President of the Republic’s Award for Professional Journalist in the Electronic Press category on October 22, 2022. This recognition underscores the platform’s unwavering dedication to upholding the highest standards of journalism.
With a significant online presence, Dzair Tube boasts 350,000 subscribers on YouTube, over five million followers on various Facebook pages, and 450,000 subscribers on Instagram. Its digital channel has become a hub for diverse programming, covering news, sports, entertainment, culture, and religion, catering to a broad spectrum of audience preferences.
Equipped with state-of-the-art studios and advanced technology, Dzair Tube’s digital channel has garnered substantial viewership for its varied programs. Hosting interactive discussions with influential figures across different domains, the platform actively fosters public discourse and engagement. Beyond news coverage, Dzair Tube extends its commitment to the production of marketing documentaries, short TV commercials, and high-viewership programs.
The success of the print edition of Dzair Tube’s sports newspaper, “Dzair Sport,” further highlights the platform’s impact, with over 50,000 daily downloads from the official Dzair Tube website.
Honored with the Media Leadership Award from the Minister of Communication, Mohamed Laâgab, Dzair Tube continues to shape the landscape of Algerian digital news, maintaining a position of influence and impact in the media industry.
