Posts filed under ‘Ukraine’
Ukrainian wireless network operator life:) has published its results for the three months ended 31 March 2009, showing an annual 22.3% increase in subscribers to 11.5 million. Of the total, 8 million were deemed by the operator to be ‘active’, having made or received a call/SMS in the last three months. Revenues in the first quarter of 2009 were USD79.1 million, a 12.3% decrease compared to the same period of 2008. EBITDA was USD3.6 million, compared to USD2.1 million in the same period of 2008, while net losses were USD24.4 million, down from a loss of USD32.4 million in Q1 2008. General director of life:) Tansu Yegen said: ‘The first quarter of 2009 has been very challenging for the economy of Ukraine with the worsening macroeconomic situation seriously effecting the business. The national currency depreciated by around 52% against the US dollar as of 31 March 2009 compared to a year ago, although remained stable compared to the previous quarter.’
Russia’s largest cellco MTS added 1.36 million net new users to its domestic networks in December, taking its total customer base in Russia to 64.63 million. The firm also has consolidated operations in Ukraine, Uzbekistan, Turkmenistan and Armenia, with 91.33 million consolidated subscribers across the entire group at end-December, up from 89.68 million a month before. In addition, the unconsolidated subsidiary MTS Belarus has 4.32 million users, up from 4.23 million at 30 November.