Azercell service revenues fall 4% in Q2

Monday 20 July 2015 | 11:44 CET | News
Azerbaijan mobile operator Azercell recorded a 4 percent decline in organic service revenues in the second quarter in local currency, as growth in data revenues could not fully compensate for a decline in voice and messaging revenues, parent company TeliaSonera reported. The adjusted EBITDA margin still improved to 58.9 percent from 56.3 percent a year ago, thanks to lower personnel expenses and cost efficiency measures. The mobile operator lost 17,000 customers in the quarter, of which 14,000 prepaid, for a total 4.179 million at the end of June. The total was still up 6.2 percent from a

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Categories: Mobile & Wireless
Companies: Azercell / Telia
Countries: Azerbaijan
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