The Vodafone Ukraine mobile communications in April-June 2019 saw UAH 3.8 billion in revenue, which is 20.7% more than a year ago.
According to the financial report of the operator, its net profit for the period remained at the level of 2018 and amounted to UAH 511 million.
Operating Income Before Depreciation and Amortization (OIBDA) increased 13.8% and reached UAH 2 billion, OIBDA margin amounted to 51.7% (54.9% in the second quarter of 2018).
“The main reason for Vodafone’s revenue growth was the increase in the number of data users and the consumption of data services. The traffic volumes are growing due to the activity of 4G users: for example, the 4G client Vodafone used 7.7 gigabytes of traffic per month on average. This is twice as much than 3G clients use. The total volume of Internet traffic in the Vodafone network has doubled over the year,” the operator said in the report.
At the same time, the company said that according to the results of April-June, Vodafone Ukraine had the lowest ARPU (average revenue per user per month) in the market – UAH 61.
Income from trading activities in the second quarter increased thanks to the expansion of own retail. “Today Vodafone Retail is one of the largest retailers in the country. The company’s trading network today has about 240 own stores. Vodafone stores offer only certified products: smartphones, various gadgets, wearable electronics, routers, accessories. You can also connect any Vodafone services in the stores and get qualified advice from the company’s experts,” the company said in the press release devoted to the financial statements of the company.
In addition, according to the results of April-June, the number of Ukrainian settlements covered by 4G increased four times. Today, Vodafone network is available to 62% of Ukrainians and covers more than 4,000 settlements.
According to the results of the second quarter, the number of Vodafone Ukraine customers amounted to 19.6 million, while according to the results of the second quarter of last year, the operator had 20.3 million customers in Ukraine.
“Among the growth factors, launch of mobile number portability service in Ukraine can be noted. In May-June, 3,657 customers used the service to go to the Vodafone network with their number,” the company said.
MOBILE OPERATOR, REVENUE, VODAFONE
