The mobile network operator Kyivstar has increased its total income by 11.6% in the third quarter of 2020 compared to the same period in 2019, to UAH 6.502 billion, the company’s press service said with reference to its quarterly report on Thursday.
According to the report, in the specified period, Kyivstar increased its earnings before interest, taxes, depreciation and amortization (EBITDA) by 16.9%, to UAH 4.411 billion, thereby increasing EBITDA margin by 3.1 percentage points (pp), to 67.8%.
Revenue from mobile services of the operator in the third quarter amounted to UAH 6.065 billion, which is 11% higher than in the same period in 2019.
Data traffic consumption increased by 50%, to 5.953 GB per subscriber. Consumption of voice services also increased – by 9.7% to 621 minutes per subscriber.
The number of Kyivstar mobile Internet users grew by 3.4%, to 16.8 million, and the total number of active subscribers by the end of the third quarter amounted to 25.8 million, which is 2.2% less than a year earlier.
The operator explained the decrease in the subscriber base relative to the third quarter of 2019 by the partial suspension of the retail network during quarantine.
According to the company, average revenue per user (ARPU) for mobile communications rose by 14.5%, to UAH 78.
“Forced social distancing during the quarantine period influenced the growth in demand for digital solutions. So, in the third quarter of 2020, the number of users of the My Kyivstar self-service system increased by 52% compared to the third quarter of 2019,” the operator said.
Revenues from fixed-line services grew by 19.9%, to UAH 399 million. At the same time, the number of subscribers increased 10%, to 1.1 million ARPU of fixed-line internet increased 9.7%, to UAH 81.
Capital investments for the reporting period amounted to UAH 1.185 billion, which is 13.5% less than in the same period last year.
In general, in January-September 2020, Kyivstar increased its revenue by 11.4%, to UAH 18.641 billion and EBITDA – by 17.6%, to UAH 12.527 billion, while the EBITDA margin increased by 3.6 pp, to 67.9%.
The operator’s capital investments (excluding license costs) for the first nine months of 2020 grew by 22.7%, to UAH 4.299 billion.
