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General

Beeline Russia revenues up 5% in Q2 on mobile expansion

Wednesday 7 August 2013 | 14:01 CET | News
Beeline Russia reported second-quarter revenues up 5 percent from a year earlier to RUB 73.8 billion. The mobile activities generated revenue of RUB 61.3 billion, up 6 percent, and fixed revenues rose 2 percent to RUB 12.6 billion. Group EBITDA increased 4 percent to RUB 31.5 billion, giving a margin of 42.7 percent. Capex jumped 23 percent to RUB 11.3 billion on continued expansion in the mobile data network, and Beeline plans to increase capex to 22 percent of revenue over the full year from 18 percent in the first half. It also plans to continue to expand its network of mono-brand retail

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Categories: General
Companies: Beeline
Countries: Russian Federation
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