Belarus’ life:) telecom operator reports 9.2% increase in revenues in Jan-Sep 2021 to Br110.2m – Turkcell Group
<p> MINSK, Nov 5 - PrimePress. Belarus’ life:) telecom operator reports a 9.2% year-on-year increase in revenues in Jan-Sep 2021 to Br110.2 million ($44.8 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 Q3 2021 alone, life:) increased revenues by 2% year on year to Br35.1 million ($14.3m). </p> <p> </p> <p> EBITDA increased in Jan-Sep 2021 by 15.8% to Br27.9 million ($11.3 million). In Q3 EBITDA grew by 14.8% year on year to Br3.8 million ($9.3m). </p> <p> </p> <p> The company’s net loss grew by 0.4% year on year in Jan-Sep 2021 to Br24.2 million ($9.8m). Net loss in Q3 – up 15.5% yoy to Br8.2m ($3.3m). </p> <p> </p> <p> The operator increased capital expenditures by 31.8% on the year in Jan-Sep 2021 to Br46.8 million ($19 million); Q3 – up 19% to Br18.8m ($7.6m). </p> <p> </p> <p> The company numbered 1.1 million active subscribers, unchanged yoy in Q3 2021; the total subscriber base grew by 7.1% to 1.4 million. </p> <p> </p> <p> Turkcell Group explains that the 2% decrease in revenues in the third quarter of 2021 was mainly due to lower revenues from mobile phone sales. Excluding equipment sales, there was a 15.5% year-on-year increase in voice, messaging and mobile data revenues for the third quarter of 2021. </p> <p> </p> <p> “The operator continued expanding its 4G network in Q3 2021, leading the market in terms of 4G geographic coverage. As of 1 Oct 2021, the operator’s LTE services were available to customers in six regions, with more than 3,000 sites used. The company recently launched LTE-800 services in the beCloud network in Vitebsk Oblast, which improves coverage and customer experience. 4G subscribers accounted for 70% of the three-month active subscriber base in Q3 2021. Average monthly data consumption by subscribers increased by 25% to 13.7GB,” Turkcell Group said in its quarterly report. </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 (Br2.4594/$1) </p>
2021-11-06
Primepress
Belarus’ life:) telecom operator reports 9.2% increase in revenues in Jan-Sep 2021 to Br110.2m – Turkcell Group
MINSK, Nov 5 - PrimePress. Belarus’ life:) telecom operator reports a 9.2% year-on-year increase in revenues in Jan-Sep 2021 to Br110.2 million ($44.8 million at the rate of the National Bank of Belarus), reads the quarterly report by its parent company Turkcell Group.
In Q3 2021 alone, life:) increased revenues by 2% year on year to Br35.1 million ($14.3m).
EBITDA increased in Jan-Sep 2021 by 15.8% to Br27.9 million ($11.3 million). In Q3 EBITDA grew by 14.8% year on year to Br3.8 million ($9.3m).
The company’s net loss grew by 0.4% year on year in Jan-Sep 2021 to Br24.2 million ($9.8m). Net loss in Q3 – up 15.5% yoy to Br8.2m ($3.3m).
The operator increased capital expenditures by 31.8% on the year in Jan-Sep 2021 to Br46.8 million ($19 million); Q3 – up 19% to Br18.8m ($7.6m).
The company numbered 1.1 million active subscribers, unchanged yoy in Q3 2021; the total subscriber base grew by 7.1% to 1.4 million.
Turkcell Group explains that the 2% decrease in revenues in the third quarter of 2021 was mainly due to lower revenues from mobile phone sales. Excluding equipment sales, there was a 15.5% year-on-year increase in voice, messaging and mobile data revenues for the third quarter of 2021.
“The operator continued expanding its 4G network in Q3 2021, leading the market in terms of 4G geographic coverage. As of 1 Oct 2021, the operator’s LTE services were available to customers in six regions, with more than 3,000 sites used. The company recently launched LTE-800 services in the beCloud network in Vitebsk Oblast, which improves coverage and customer experience. 4G subscribers accounted for 70% of the three-month active subscriber base in Q3 2021. Average monthly data consumption by subscribers increased by 25% to 13.7GB,” Turkcell Group said in its quarterly report.
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 (Br2.4594/$1)