VivaCell-MTS Q4 profit jumps 40% despite fall back in revenues

Thursday 4 March 2021 | 17:35 CET | News
Armenian mobile operator VivaCell-MTS said revenues dropped by 29.3 percent year-on-year in the fourth quarter to AMD 10.4 billion. OIBDA declined by 16.5 percent to AMD 5.7 billion but the net profit increased by 40.2 percent to AMD 3.9 billion.

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Categories: Mobile & Wireless
Companies: VivaCell-MTS
Countries: Armenia
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