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General

Beeline revenues up 8% in Q4, EBITDA slightly lower

Tuesday 26 February 2019 | 12:17 CET | News
Revenues of Russian operator Beeline, controlled by the Veon Group, grew by 7.8 percent year-on-year to RUB 75.895 billion in the fourth quarter. The growth was driven by an increase in mobile service revenue and strong growth in sales of equipment and accessories of 138 percent, which was attributable to the additional monobrand stores following the integration of the mobile retail chain Euroset and rebranding, which began in the first quarter of 2018. 

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Categories: General
Companies: Beeline / Euroset / Veon
Countries: Russian Federation
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