Beeline Russia revenues down 7% in Q3 on weak mobile market

Friday 30 October 2020 | 08:25 CET | News
Revenues of Russian operator Beeline, controlled by the Veon Group, totaled RUB 69.58 billion in the third quarter, down by 6.8 percent year-on-year. EBITDA declined 18.3 percent to RUB 27.69 billion, and the EBITDA margin was down 5.6 percentage points to 39.8 percent. Capital expenditure of the company, excluding licences, amounted to RUB 20.1 billion, up by 37.2 percent.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Beeline / Veon
Countries: Russian Federation
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Beeline Business updates Bright Internet plans with more data

Published 02 Nov 2020 16:28 CET | Russian Federation
The Beeline Business unit of Russian operator Beeline has updated its tariff line Bright Internet, available across the Beeline ...

Beeline Uzbekistan income falls 17% in Q3

Published 30 Oct 2020 13:37 CET | Uzbekistan
Revenues at Beeline Uzbekistan dropped by 17.3 percent year-on-year in the third quarter to UZS 492.1 billion. Mobile service ...

Veon returns to customer growth in Q3, takes Russia writedown on weak sales

Published 29 Oct 2020 10:35 CET | World
Veon reported a return to customer growth in the third quarter, as coronavirus restrictions were gradually lifted in its markets. ...

Beeline starts promo of 4 in 1 video option

Published 26 Oct 2020 15:00 CET | Russian Federation
Russian operator Beeline plans to launch a promotion of its 4 in 1 video services option. Customers connecting to the option from ...

Beeline offers new tariff plan Internet Pro+

Published 22 Oct 2020 09:58 CET | Russian Federation
Russian operator Beeline has introduced its new tariff plan Internet Pro+. Customers connecting to the plan are offered a 100 GB ...

Beeline launches new line mobile packs for generation Z

Published 13 Oct 2020 11:13 CET | Russian Federation
Russian mobile operator Beeline has launched a new line of packages called Connection Z, targeting generation Z customers. The ...

Beeline appoints new head for Moscow

Published 16 Sep 2020 11:52 CET | Russian Federation
Russian operator Beeline, controlled by the Veon Group, has appointed Dmitriy Mashin the new head of its branch in the Moscow ...

Beeline acquires West Call Moscow

Published 03 Sep 2020 18:34 CET | Russian Federation
Russian operator Beeline, controlled by the Veon Group, said it has fully acquired Moscow-based ISP West Call. Beeline expects ...

Beeline offers eSIMs in 16 more cities

Published 28 Aug 2020 19:07 CET | Russian Federation
Russian operator Beeline, controlled by the Veon Group, has started activating eSIMs in 16 additional cities across the country. ...

Beeline revenues fall 10% in Q2 as lockdown hits mobile business

Published 06 Aug 2020 15:29 CET | Russian Federation
Revenues of Russian operator Beeline, controlled by the Veon Group, totaled RUB 65.513 billion in the second quarter of this ...

Calendar   /   Industry Events

24 Nov SD-WAN & SASE Summit
25 Nov Partner Communications Q3 2020
26 Nov Telekom Malaysia Q3 2020
26 Nov Axiata Q3 2020
26 Nov Megafon Q3 2020
30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
::: More Calendar Items