Vega, a large Ukrainian telecoms operator, in 2018 received UAH 641.3 million of net income, which is 3.79% more than in 2017, the company has reported.
According to the operator’s press release, EBITDA reached UAH 164.9 million, which is 49% more than last year. Also, in 2018, the company managed to increase ARPU (the average revenue per user) by 20%, in particular, Internet access services using the FTTx connection technology by 28%.
During the reporting period, the subscriber base of Vega, as compared with 2017, increased in Voice VoIP (Voice over Internet Protocol) by more than 10%.
“Last year, we strictly followed the given strategic vector associated with the transition to modern services. This year, the company will continue to actively modernize its networks: replacing copper with optics, and digitizing its business, introducing new services based on digital technologies,” Vega CEO Murat Chynar said.
In 2018, the company’s capital investments remained at the level of 2017 and amounted to UAH 97.4 million.
