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News: Bulgaria>> Mobiltel reported a 20% drop in operating profit for Q3

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Current date: 2010-02-09 10:45

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Mobiltel reported a 20% drop in operating profit for Q3

Business: Friday, 2009-11-13 01:45
Article by: Dnevnik.bg

Bulgarian cellular operator Mobiltel, the local unit of Telekom Austria Group, reported a 20% drop in operating profit for the third quarter to EUR 44.8 million. Revenue between July and September dipped by almost 12 year-on-year to EUR 157.7 million as average revenue per user fell by nearly 10%.

The total customer base grew by 0.9 percent to 5.242 million people, where contract subscribers represented 57.1 percent. Still, the operator saw some market share slip through its fingers from 49.9% in the summer of 2008 to 49.7% for the third quarter of 2009.

Scope: Bulgaria
More: Business news Mobiltel; Business news telecom operator; Business news mobile operator;

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