Beeline’s revenue in Uzbekistan grows by 20% in 1Q

Tashkent, Uzbekistan (UzDaily.com) -- Beeline’s revenue in Uzbekistan increased by 20.1% in the first quarter of 2018 compared to the same period of 2017 - up to 617 billion soums, VEON said in its statement.

Revenue in the mobile services segment totaled 612 billion soums in January-March 2018 (+ 20%).

Revenue from data transmission services in the reporting period exceeded 186 billion soums (38.9%).

EBITDA (operating profit before depreciation of fixed assets, amortization of intangible assets and losses associated with depreciation of assets) in Uzbekistan in January-March 2018 reached 276 billion soums, which is 4.5% more than in the same period of 2017.

At the same time, the margin of operations decreased from 51.6% in the first quarter of 2017 to 44.8% for the same period of 2018.

According to the results of the first quarter of 2018, the subscriber base of Beeline in Uzbekistan totaled 9.6 million people, which is 0.4% more than in the first quarter of 2017. At the same time, data transfer services are used by 5.2 million people in the reporting period (+ 11.2%).

Average bill for a mobile subscriber per month (ARPU) made up 21,152 soums in the first quarter of 2018, which is 19.2% more compared to the same period of 2017.

Indicator MOU (minutes of use) reached 546 minutes in the reporting period compared with 545 minutes in the same period of 2017 (+ 0.1%). The use of data transfer per user has doubled in the first quarter of 2018 to 754 MB.