Vip mobile sees 32% EBIT growth in Q1

Wednesday 29 April 2020 | 16:39 CET | News
Serbia operator Vip mobile reported 5.4 percent growth in revenues to EUR 68.6 million in Q1. Service revenue rose 10 percent to EUR 51.9 million, due to the growing contract customer base and higher ARPU (+6.8% to EUR 8.20). Together with flat costs, this resulted in EBITDA growth of 7.5 percent to EUR 20.4 million, while EBIT increased 31.9 percent to EUR 6.9 million. 

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: VIP mobile
Countries: Serbia
::: add a comment

Add comment

Please login or register to leave a 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.


Vip mobile grows EBITDA in Q2 on higher service revenues

Published 20 Jul 2020 15:48 CET | Serbia
A1 Telekom Austria Group reported its Serbia unit Vip mobile increased EBITDA by 1.2 percent year-on-year in the second quarter ...

A1 grows revenues and EBITDA in Q1, suspends outlook for 2020 due to Covid-19 crisis

Published 29 Apr 2020 11:02 CET | Austria
Austrian operator A1 said its total revenues increased by 3.4 percent year-on-year in Q1 2020 to EUR 1.12 billion. EBITDA grew ...

Vip Mobile sees 14.5% revenue growth in Q4 2019

Published 14 Feb 2020 14:16 CET | Serbia
Vip Mobile ended the fourth quarter of 2019 with revenues of EUR 75.9 million, a 14.5 percent growth rate on the same period in ...

Serbia's Vip mobile to rebrand as A1 in 2020

Published 16 Dec 2019 09:24 CET | Serbia
Serbia's Vip mobile will rebrand as A1 in 2020, as part of the strategy of A1 Telekom Austria Group to introduce A1 as a unique ...