Over the period since our acquisition, SyriaTel's Revenues continued to grow strongly, increasing by 25% for the year ended 31 December 2006 to US$631.4 million. For the year ended 31 March 2006 SyriaTel posted a net income of US$103.3 million. Reliable projections indicate that the company should continue its strong growth at a minimum over the medium term.

SyriaTel is also expected to experience radical growth as a result of its upcoming acquisition of at least one, and possibly more, regional mobile operators.

Net profit in FY 2007 increased by 28.62% as compared to FY 2006; The company has declared a dividend of 34% of the paid up capital for FY 2007.