15 Nov 2012

VimpelCom has published its financial and operating results for the 3rd quarter of 2012

Telecom operator VimpelCom Ltd. '. "Presented its financial and operating results for the third quarter of 2012, which states:

Continuation of positive trends in the financial and operating performance in Q3 2012
Stable revenue growth of 7% year on year, continued strong growth in the segment data by 38% year on year
Significant increases EBITDA by 16% yoy and EBITDA margin by 3.2 percentage points to 43.2%
The planned launch of LTE in Moscow and six other regions in 2013
According to the operator, its key achievements of the third quarter:

Consolidated revenue increased by 7% year-to-year revenue growth under the influence in the fixed and mobile segments, reaching 74.5 billion rubles.
Revenues in the mobile segment grew by 6% year-to-year primarily due to increased sales in the mobile data services by 38% year on year and additional services by 29% year on year, and the growth of revenues from sales of customer premises equipment. ARPU figure in the mobile segment grew by 5% year on year and amounted to 350 rubles.
In the third quarter, data traffic in the mobile segment grew by 78% year on year.
Growth of fixed-line revenues up 10% year on year, mainly due to continued revenue growth in the segment of fixed broadband by 33% year-to-year and inter-operator business by 13% year on year.
EBITDA grew by 16% year on year as a result of revenue growth and cost optimization.
EBITDA margin was 43.2% and increased by 3.2 percentage points compared to Q3 2011, mainly as a result of projects under the Programme to improve the operating efficiency.
Subscriber base in the mobile segment decreased by 1% year on year and amounted to 56.2 million, the number of subscribers in the mobile broadband segment grew by 5% year-to-year and 2.5 million subscriber base in the fixed broadband segment has exceeded 2.3 million ., representing 25% growth year on year.
The ratio of capital expenditure to revenue in Q3 2012 was 14%, in accordance with the construction schedule network. The ratio of capital expenditures to revenue over the past 12 months remained at 18%.

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