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Vimpelcom Ukraine revenues down 1% in Q2 on mobile slowdown

Wednesday 7 August 2013 | 14:58 CET | News
Vimpelcom reported revenues at its Ukraine activities down 1 percent year-on-year to UAH 3.2 billion in the second quarter, hurt by low-cost offers to win back customers due to tough market competition. The group's EBITDA declined 6 percent to UAH 1.5 billion, and the margin fell 2.2 percent points to 48.0 percent. Mobile revenues fell 2 percent to UAH 2.9 billion, and ARPU declined 10 percent year-on-year to UAH 37. The mobile customer base was up 6 percent from a year ago but fell by 701,000 from March to 25.622 million. Fixed-line revenues grew 7 percent from a year ago to UAD 265 million,

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Categories: General
Companies: Beeline Ukraine / Kyivstar / Vimpelcom
Countries: Ukraine
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