Moldcell sales up 4% in Q1

Wednesday 23 April 2014 | 13:50 CET | News
Moldavian operator Moldcell saw its net sales in local currency increase 4.1 percent year-on-year to the equivalent of SEK 112 million in Q1. The growth was largely explained by a positive development in voice and data revenues. EBITDA decreased by 59.1 percent to SEK 16 million, and the EBITDA margin fell to 14.2 percent from 33.3 percent due to high interconnect expenses driven by mobile number portability offers and a one-off charge related to a classification error. The number of mobile subscriptions increased to 1.026 million, up by 2,000 from end-2013. Of the total, 665,000 were prepaid

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Categories: Mobile & Wireless
Companies: Moldcell
Countries: Moldova, Republic of
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