KYIV. Oct 26 (Interfax-Ukraine) – Public joint-stock company Ukrtelecom saw UAH 493 million in net profit in January-September 2015, while a year ago its loss stood at UAH 21.7 million, Ukrtelecom Head Yuriy Kurmaz said at a meeting with reporters on Friday.
The company’s net revenue over the period grew by 0.7%, to UAH 4.766 billion.
This year revenue from fixed communications continued falling, which reflected the trend of replacing fixed communications services by mobile communications services, Kurmaz said. In Q1-Q3 2015, revenue stood at UAH 2.388 billion, which is 8.1% down year-over-year. The operator serviced 7.2 million subscribers on this market as of late Q3 2015.
Revenue from broadband Internet access services showed growth – a rise of 6.5% year-over-year, to UAH 984 million. As of October 1, 2015, Ukrtelecom serviced over 1.6 million subscribers.
According to the presentation published at the meeting, the revenue structure of the operator over the period was distributed in the following way: UAH 2.733 billion was received from B2C (business-to-consumer), UAH 940 million – B2O (business-to-operator) and UAH 892 million – B2B (business-to- business).
Ukrtelecom paid UAH 1.47 billion to the national budget in the past three quarters.
In October 2013, 100% of UA Тelecominvest Limited which holds 100% in ESU LLC, which in turn, held 92.79% of shares in Ukrtelecom, was bought by Ukrainian businessman Rinat Akhmetov’s SCM holding.
