Jun 02 2006 |
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SyriaTel Revenues Equal 1.7% of Syria's $23.8 Billion GDP
Beirut (APD) - Revenues of SyriaTel Mobile Telecom, one of the country's two mobile phone operators, made up 1.7% of Syria's gross domestic product in 2005, the London-based Asharq AlAwsat reported Friday.Syria achieved $23.8 billion in GDP last year, recording a real growth of 2.6% over 2004.
"Fees paid by SyriaTel to the government amounted to 3% of fiscal revenues," Rami Makhlouf, board chairman of SyriaTel, said at the company's AGM Thursday.
By Mirna Sleiman, APD Staff Writer in Beirut
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