Belarus’ life:) telecom operator reports 0.1% decrease in revenues in Jan-Sep 2020 to Br100.9m – Turkcell Group
<p> MINSK, Nov 9 - PrimePress. Belarusian life:) telecom operator reports a 0.1% yyear-on-year decrease in revenues in January-September 2020 to Br100.9 million ($39.1 million at the rate of the National Bank of Belarus), reads the quarterly report by its parent company Turkcell Group. </p> <p> </p> <p> In the third quarter of 2020 alone, the company’s revenues increased by 1.4% year on year to Br35.8 million ($13.9 million). </p> <p> </p> <p> EBITDA decreased in Jan-Sep 2020 by 14.2% to Br24.1 million ($9.3 million). </p> <p> </p> <p> The company’s net loss decreased in Jan-Sep 2020 by 4.7% to Br24.1 million ($9.3m). The net loss in 3Q20 was down 4.7% yoy to Br7.1million ($2.8 million). </p> <p> </p> <p> The operator reduced capital expenditures in Jan-Sep 2020 by 17.1% to Br35.5 million ($13.8 million). In Q3, capital expenditures increased by 36.2% yoy to Br15.8 million ($6.1 million). </p> <p> </p> <p> The company numbered 1.1 million active subscribers in annual terms (did not change); the total subscriber base decreased by 6.7% to 1.4 million. </p> <p> </p> <p> Life:) continues to increase the number of 4G users in its client base. The share of 4G users reached 61% of the quarterly number of active users as of the end of the 3nd quarter of 2020 (57% in Q2). Life:) continued to promote its digital services, since the use of digital services leads to increased loyalty and increased generation of ARPU (Average Revenue Per User). The Music, Games and TV+ services were the main factors in growth of revenues from digital services in the first quarter, Turkcell Group says. </p> <p> </p> <p> BeST CJSC (life:)) was licensed to provide communication services on March 24, 2005, and began commercial operation of its network on December 21, 2005. The provision of services under the life:) brand began on December 3, 2008. The operator has been rendering 3G-based services since November 2, 2009, and LTE-based services since August 2016. The operator numbers 1.1 million active subscribers. End (Br2.578/$1) </p>
2020-11-10
Primepress
Belarus’ life:) telecom operator reports 0.1% decrease in revenues in Jan-Sep 2020 to Br100.9m – Turkcell Group
MINSK, Nov 9 - PrimePress. Belarusian life:) telecom operator reports a 0.1% yyear-on-year decrease in revenues in January-September 2020 to Br100.9 million ($39.1 million at the rate of the National Bank of Belarus), reads the quarterly report by its parent company Turkcell Group.
In the third quarter of 2020 alone, the company’s revenues increased by 1.4% year on year to Br35.8 million ($13.9 million).
EBITDA decreased in Jan-Sep 2020 by 14.2% to Br24.1 million ($9.3 million).
The company’s net loss decreased in Jan-Sep 2020 by 4.7% to Br24.1 million ($9.3m). The net loss in 3Q20 was down 4.7% yoy to Br7.1million ($2.8 million).
The operator reduced capital expenditures in Jan-Sep 2020 by 17.1% to Br35.5 million ($13.8 million). In Q3, capital expenditures increased by 36.2% yoy to Br15.8 million ($6.1 million).
The company numbered 1.1 million active subscribers in annual terms (did not change); the total subscriber base decreased by 6.7% to 1.4 million.
Life:) continues to increase the number of 4G users in its client base. The share of 4G users reached 61% of the quarterly number of active users as of the end of the 3nd quarter of 2020 (57% in Q2). Life:) continued to promote its digital services, since the use of digital services leads to increased loyalty and increased generation of ARPU (Average Revenue Per User). The Music, Games and TV+ services were the main factors in growth of revenues from digital services in the first quarter, Turkcell Group says.
BeST CJSC (life:)) was licensed to provide communication services on March 24, 2005, and began commercial operation of its network on December 21, 2005. The provision of services under the life:) brand began on December 3, 2008. The operator has been rendering 3G-based services since November 2, 2009, and LTE-based services since August 2016. The operator numbers 1.1 million active subscribers. End (Br2.578/$1)