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Beeline revenues up slightly in Q4, EBITDA falls

Thursday 22 February 2018 | 13:01 CET | News
Revenues of Russian operator Beeline, controlled by the Veon Group, grew by 0.4 percent year-on-year in the fourth quarter of 2017 to RUB 70.415 billion. The growth was driven by an increase in mobile service revenue and sales of equipment and accessories. Mobile service revenue increased by 2.1 percent to RUB 57.001 billion, driven by growth in mobile data, value added services and mobile financial services, offsetting the decrease in voice revenue. Fixed service revenues declined by 11.4 percent to RUB 9.608 billion, mainly due to increased competition, a decrease in transit traffic,

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