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General

Vipnet revenues stable in Q4

Wednesday 11 February 2015 | 11:45 CET | News
Croatian operator Vipnet saw its revenues grow slightly by 0.5 percent year-on-year to EUR 95.9 million in Q4 2014. EBITDA comparable declined by 52.5 percent year-on-year to EUR 10.3 million as a result of the increase in operating expenses by 21.0 percent year-on-year. Vipnet's total mobile subscriber base declined by 5.6 percent year-on-year to 1.741 million, mainly as a result of the prepaid business. ARPU rose slightly from EUR 11.1 to EUR 11.2 in the fourth quarter of 2014, mainly on account of price increases by all providers in the aftermath of the increase in frequency usage fees. 

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Categories: General
Companies: VipNet
Countries: Croatia (Hrvatska)
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