VivaCell-MTS sees revenues fall 11% in Q1

Tuesday 18 May 2021 | 16:25 CET | News
Revenues of Armenian operator VivaCell-MTS, controlled by the MTS Group, totaled AMD 11.5 billion in the first quarter of this year, down by 11.2 percent year-on-year. The drop in sales reflected lower handset and accessories sales in line with the company's retail optimisation strategy as well as reduced interconnect fees and lower roaming revenue amid the COVID-19 pandemic, the company said. 

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