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Wireless

Beeline revenues up 6% in Q2, EBITDA growth slows on Euroset costs

Friday 3 August 2018 | 08:34 CET | News
Total revenue of Russian mobile operator Beeline, controlled by the Veon Group, increased by 6.0 percent year-on-year in the second quarter to RUB 72.542 billion, driven by an increase in mobile service revenue and a doubling in sales of equipment and accessories. The latter was mainly attributable to the additional monobrand stores established following the Euroset stores integration and rebranding. Mobile service revenue increased by 3.5 percent to RUB 57.609 billion, driven by growth in mobile data and other value-added services, thereby offsetting the decrease in voice revenue. Mobile

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Categories: Mobile & Wireless
Companies: Beeline / Euroset / Veon
Countries: Russian Federation
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