Vimpelcom Ukraine revenues down 1% in Q2 on mobile slowdown - Telecompaper:
"Vimpelcom reported revenues at its Ukraine activities down 1 percent year-on-year to UAH 3.2 billion in the second quarter, hurt by low-cost offers to win back customers due to tough market competition. The group's EBITDA declined 6 percent to UAH 1.5 billion, and the margin fell 2.2 percent points to 48.0 percent.
Mobile revenues fell 2 percent to UAH 2.9 billion, and ARPU declined 10 percent year-on-year to UAH 37. The mobile customer base was up 6 percent from a year ago but fell by 701,000 from March to 25.622 million.
Fixed-line revenues grew 7 percent from a year ago to UAD 265 million, on expansion in FTTB customers. The company added 30,000 fibre customers in the quarter for a total 693,000 at end-June, and fixed broadband ARPU was up 10 percent from a year ago to UAH 49.7."
'via Blog this'
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