Beeline’s revenue increases by 4.2% in 3Q

Tashkent, Uzbekistan (UzDaily.com) -- Revenue of Beeline in Uzbekistan grew by 4.2% year-on-year in the third quarter of 2018– to 651 billion soums, VEON said in a statement.

At the same time, the operator’s revenue made up 1.9 billion soums in the nine months of 2018, which grew by 11% year-on-year.

Revenue in the mobile services segment totaled 645 billion soums in the third quarter of 2018 (+ 4.1%) and by 10.9% - to 1.89 billion soums.

Revenue from data transmission services in the third quarter of 2018 period exceeded 225 billion soums (+50.9%) and 625 billion soums (+47.8%) in nine months of 2018.

EBITDA (operating profit before depreciation of fixed assets, amortization of intangible assets and losses associated with depreciation of assets) in Uzbekistan in the third quarter of  2018 reached 291 billion soums, which is 8% less than in the same period of 2017. EBITDA decreased by 5.6% in nine months of 2018 and reached 844 billion soums.

At the same time, the margin of operations decreased from 50.6% in the second quarter of 2018 to 44.7% for the same period of 2018.

According to the results of the third quarter of 2018, the subscriber base of Beeline in Uzbekistan totaled 9.1 million people, which is 4.7% less than in the third quarter of 2017. At the same time, data transfer services are used by 5.2 million people in the reporting period (+ 10.1%).

Average bill for a mobile subscriber per month (ARPU) made up 23,257 soums in the third quarter of 2018, which is 8.3% more compared to the same period of 2017.

Indicator MOU (minutes of use) reached 596 minutes in the reporting period compared with 581 minutes in the same period of 2017 (+2.6%). The use of data transfer per user grew by 141.8% in the third quarter of 2018 to 1254 MB.

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