0
Wireless

MTS Armenia turns to net income in Q2

Friday 27 August 2010 | 08:40 CET | News
Mobile operator MTS Armenia saw its total revenues decrease by 1.3 percent year-on-year to AMD 19.2 billion in the second quarter. However, revenues climbed 8.4 percent on a quarterly basis from AMD 17.7 in March 2010. MTS Armenia registered a net income of AMD 3.6 billion in the second quarter, versus a net loss of AMD 2.8 billion in the year-earlier period. OIBDA fell 5.5 percent year-on-year but rose 18.7 percent sequentially to AMD 10.3 billion at 30 June. At the same time, the OIBDA margin fell to 53.5 percent from 55.9 percent in the year-ago period. Capex for the second quarter stood

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.

Subscriptions

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: MTS Armenia
Countries: Armenia
::: 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.