Telecommunication Revenues Grow 31% YoY In August.

Mobile communications remain the main driving force: with a 45% growth rate yoy. In addition, the growth rate for fixed long distance communications (including fixed-to-mobile) was up 21%.  The growth rate was less for local fixed (0% yoy) and internet/VoIP services (6% yoy). Concorde Capital: The growth rate for all telecommunication proceeds has decreased significantly since last year. The slack in the mobile revenue growth rate is natural as the mobile market is close to saturation. Tariff rebalance in the fixed telecommunication sector will stimulate local and LD revenue growth in the consequent months.