Business news from Ukraine

MOBILE COMMUNICATIONS OPERATOR LIFECELL LLC SEES UAH 500 MLN OF NET LOSS IN 2017

16 February , 2018  

Mobile communications operator lifecell LLC in 2017 saw UAH 503.6 million of net loss compared with UAH 928.3 million of net profit in 2016, according to a report of Turkey’s Turkcell, the parent company of the operator, posted on its official website. Revenue totaled UAH 4.876 billion last year (0.8% up year-over-year).
Earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 2.2%, to UAH 1.326 billion, and EBITDA margin – by 0.8 percentage points, to 27.2%. Capital investment of the operator in 2017 fell by 41%, to UAH 1.33 billion, while a year ago the company invested UAH 2.255 billion.
The active subscribers’ base last year narrowed by 13%, to 8 million. The total number of subscribers in the operators’ network decreased 10.5%, to 11.1 million subscribers. The average revenue per user (ARPU) grew by 8%, to UAH 33.80, and ARPU of the active subscribers’ base rose by 17.5%, to UAH 47.70.
The number of minutes used by subscribers for voice data transfer services fell by 7.9% in 2017, to 129.4 minutes. In Q4 2017, net loss of lifecell soared 2.9-fold, to UAH 179.6 million, and revenue fell by 3.4%, to UAH 1.269 billion. EBITDA accounted for UAH 331.3 million (8.7% down). Capital investment in Q4 2017 totaled UAH 414.3 million (51.1% down year-over-year).