UAE .. Sudatel Telecom shares rises to the highest level in 15 months

The shares of the Sudatel Communications Group, which is raised and traded on the Abu Dhabi Stock Exchange, increased by 11.35% at the start of the session on Monday, to circulate at a price of 0.31 dirhams per share, achieving its highest level in 15 months.

The shares of the Sudatel Communications Group at that time were traded at 1.7 million shares with a value of trading 527.55 thousand dirhams.

The highest price for the share at that time was at 0.32 dirhams per share, while the share price was at 0.29 dirhams per share.

The stock touched the highest price in a year, 3 months and 28 days.

The Sudatel Communications Group is one of the leading companies in the field of communications in Sudan and Africa, founded on September 13, 1993, the company provides a variety of digital telecommunications services, including fixed and mobile phone services, the Internet, and advanced technological solutions.

Many subsidiaries have a Sudanese: the main operator of the group in Sudan, contributes about 58% of the group’s total revenues, and a Sudanese provides mobile and the Internet services through its advanced network.

It is followed by Expresso Senegal, which was founded in November 2007, and provides high -speed data services, fixed wireless services and high -quality audio services via the CDMA network in Senegal, then Cangital was founded in 2006 in Mauritania, and provides mobile and Internet services via the CDMA network, and is considered one of the main operators In the country.