South Africa for Communication – (ESAC) has signed a contract renewal with Vodafone Egypt for fiscal year 2015/2016, ESAC announced Sunday in a statement set to EGX.
ESAC added that the contract includes installation and maintenance works for Vodafone networks.
Later this year, ESAC has announced ,in a release, the renewal of Ericson for one year 2015/2016 including installation and maintenance of mobile phone networks “Etisalat Egypt” with business volume of EGP 7.4 million.
ESAC has renewed its contract with Mobinil for fiscal year 2015/2016 lately as well. It’s expected that the business volume will reach 6.5 million Egyptian pounds.
The company’s profits have declined by 75 percent during the first half of 2015 to reach 431,126 thousand Egyptian pounds compared to one million Egyptian pounds at the same period of 2014.
