MTS Belarus reports 16.1% increase in proceeds in 2020 to Br1.222bn
<p> MINSK, Mar 4 – PrimePress. Belarus’ telecom operator MTS says its business proceeds increased by 16.1% on the year in 2020 to Br1.222 billion ($468.7 million at the official rate of the National Bank). </p> <p> </p> <p> In 4Q20 alone the operator’s revenue grew by 14.8% to Br334.4m ($128.3m). </p> <p> </p> <p> OIBDA grew by 11% year on year 2020 to Br640m ($245.5m, up 14.4% year on year); 4Q20 - Br167.6m ($64.3m, up 13.9%). </p> <p> </p> <p> The operator’s net proceeds were up 15.1% in 2020 to Br347.6m ($133.3m); 4Q20 – up 39.7% on the year to Br100.3m ($38.5m). </p> <p> </p> <p> The number of subscribers remained unchanged year on year as of Dec 31, 2020 at 5.7 million. </p> <p> </p> <p> MTS was registered in Belarus on April 4, 2002. The operator is a joint venture between Russia’s largest mobile operator Mobile TeleSystems (MTS) and Belarus’ Beltelecom operator. The companies hold respective stakes of 49% and 51% in the joint venture. </p> <p> </p> <p> MTS Belarus started providing GSM 900/1800 standard services on June 27, 2002; launched 3G revenue service in May 2010 and 4G revenue service in December 2015. The operator’s subscriber base totals 5.7 million. End (Br2.6073/$1) </p> <p> </p>
2021-03-05
Primepress
MTS Belarus reports 16.1% increase in proceeds in 2020 to Br1.222bn
MINSK, Mar 4 – PrimePress. Belarus’ telecom operator MTS says its business proceeds increased by 16.1% on the year in 2020 to Br1.222 billion ($468.7 million at the official rate of the National Bank).
In 4Q20 alone the operator’s revenue grew by 14.8% to Br334.4m ($128.3m).
OIBDA grew by 11% year on year 2020 to Br640m ($245.5m, up 14.4% year on year); 4Q20 - Br167.6m ($64.3m, up 13.9%).
The operator’s net proceeds were up 15.1% in 2020 to Br347.6m ($133.3m); 4Q20 – up 39.7% on the year to Br100.3m ($38.5m).
The number of subscribers remained unchanged year on year as of Dec 31, 2020 at 5.7 million.
MTS was registered in Belarus on April 4, 2002. The operator is a joint venture between Russia’s largest mobile operator Mobile TeleSystems (MTS) and Belarus’ Beltelecom operator. The companies hold respective stakes of 49% and 51% in the joint venture.
MTS Belarus started providing GSM 900/1800 standard services on June 27, 2002; launched 3G revenue service in May 2010 and 4G revenue service in December 2015. The operator’s subscriber base totals 5.7 million. End (Br2.6073/$1)