The revenue of “VimpelCom” on per subscriber decreased to record level

Average monthly revenue per mobile subscriber (ARPU) of an operator “VimpelCom” (brand “Beeline”) in the first quarter of 2016 decreased by 3% to RUB 291, compared to the same period last year, follows from statements of the parent company operator VimpelCom. This is the minimum quarterly level since 2012, before that company pointed out ARPU in the financial statements in dollars. The average income per subscriber “VympelCom” for the first time was below 300 rubles.

The volume consumed by the customers of VimpelCom services increased: the average number of minutes of calls increased by 4%, to 315, and the Internet-traffic per subscriber increased by 30%, to 1.9 GB.

The total revenue of the operator has not changed compared to the first quarter of 2015 and amounted to 66.3 billion rubles, while revenue from mobile services increased by 1%, to 52.6 billion rubles, the Number of subscribers of mobile communication “VympelCom” has increased by 4%, to 55.7 million To the revenue dynamics continue to negatively impact the economic downturn and a weakening ruble, said in statements. In addition, the pressure of increasing competition in the market.

The company’s EBITDA in Russia decreased by 8% year-on-year to 24.2 billion rubles, in particular, due to the fall in revenue from landline services (11%, to 10.9 billion rubles), increase in the cost of roaming and settlements between operators under the influence of the ruble.

The revenue of the entire group VimpelCom in the first quarter of 2016 decreased by 12% to $2 billion Company explains the volatility of exchange rates in the operating countries (except Russia the operator works in seven countries in the Eurasia region, as well as Algeria, Pakistan, Bangladesh, and Italy). The company’s net profit rose 3% to $189 million.