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Wireless

VivaCell-MTS revenues up 1.5%, OIBDA grows 11% in Q3

Tuesday 14 November 2017 | 17:14 CET | News

Revenues of Armenian mobile operator VivaCell-MTS, a subsidiary of the MTS Group, grew by 1.5 percent year-on-year to AMD 15.4 billion in the third quarter of this year. OIBDA of the company increased by 11.2 percent to AMD 7.2 billion, and the OIBDA margin jumped by 4.1 percentage points, to 47.2 percent. The net profit of the operator soared by 81.4 percent to AMD 6.7 billion.

Mobile subscribers of the operator totaled 2.1 million at the end of September, up by 1.5 percent quarter-on-quarter and 1.3 percent more than a year earlier.




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