VivaCell-MTS revenues fall 2% in Q3

Tuesday 19 November 2019 | 14:16 CET | News
Armenian mobile operator VivaCell-MTS said revenues decreased by 1.9 percent year-on-year in the third quarter to AMD 14.7 billion, negatively impacted from lower interconnect rates, as well as a continuing decline in voice service revenue. By contrast, OIBDA saw a positive dynamic, rising by 1.7 percent to AMD 7.6 billion with an OIBDA margin advancing 51.3 percent on the back of OPEX savings. The net profit dropped by 23.0 percent to AMD 2.5 billion.  

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Categories: Mobile & Wireless
Companies: MTS
Countries: Armenia
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