Beeline’s revenue falls by 10.6% in 2Q
Tashkent, Uzbekistan (UzDaily.com) -- Revenue of Beeline in Uzbekistan decreased by 10.6% year-on-year in the second quarter of 2019– to 567.75 billion soums, VEON said in a statement.
At the same time, the operator’s revenue made up 1.1 trillion soums in the first half of 2019, which grew by 11.9% year-on-year.
Revenue in the mobile services segment totaled 562.96 billion soums in the second quarter of 2018 (- 10.6%) and by 11.9% - to 1.09 trillion soums.
Revenue from data transmission services in the second quarter of 2019 period exceeded 255.42 billion soums (+19.7%) and 491 billion soums (+22.8%) in the first half of 2019.
EBITDA (operating profit before depreciation of fixed assets, amortization of intangible assets and losses associated with depreciation of assets) in Uzbekistan in the second quarter of 2019 reached 295.64 billion soums, which is 6.9% more than in the same period of 2018. EBITDA decreased by 1.7% in the first half of 2019 and reached 562.07 billion soums.
At the same time, the margin of operations grew from 43.5% in the second quarter of 2018 to 49.6% for the same period of 2019.
According to the results of the second quarter of 2019, the subscriber base of Beeline in Uzbekistan totaled 8.7 million people, which is 6.6% less than in the second quarter of 2018. At the same time, data transfer services are used by 5.4 million people in the reporting period (+ 7.8%).
Average bill for a mobile subscriber per month (ARPU) made up 20,873 soums in the second quarter of 2019, which is 5.2% more compared to the same period of 2017.
Indicator MOU (minutes of use) reached 616 minutes in the reporting period compared with 568 minutes in the same period of 2018 (+8.4%). The use of data transfer per user grew by 118.5% in the second quarter of 2019 to 2215 MB.