Egypt's Global Telecom posts Q1 net profit of $43 mln

CAIRO Wed May 14, 2014 1:58am EDT

CAIRO May 14 (Reuters) - International telecoms firm Global Telecom Holding, the Egypt-based group formerly called Orascom Telecom, reported on Wednesday a net profit of $43 million for the first quarter of 2014.

That compared with a loss of $204 million in the first quarter of last year. (Reporting by Shadia Nasralla; Editing by Mark Potter)