Megafon revenues down 8% in Q2 on coronavirus effects, EBITDA margin stable

Thursday 13 August 2020 | 15:58 CET | News
Russian operator Megafon announced that its revenues totaled RUB 78.5 billion in the second quarter, down 8.3 percent year-on-year. Hardware sales led the drop, down 24.7 percent to RUB 5.2 billion, and service revenue decreased 6.9 percent to RUB 73.4 billion.

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: Mobile & Wireless
Companies: MegaFon / Megafon Tajikistan
Countries: Russian Federation
::: add a comment
This article is part of dossier




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.