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General

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.

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