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 Monday, May 25 2015 14:04

Vahagn Mamyan

VivaCell-MTS reports 2.1 million subscribers for Q1 2015 - 60% of total market

VivaCell-MTS reports 2.1 million subscribers for Q1 2015  - 60% of total market

 VivaCell-MTS announced financial and operational results for the first quarter of 2015, ended March 31st, with the Company's quarterly revenues totaling to AMD 16.9 billion (about 62% of revenue share in mobile communication market), and with OIBDA of more than AMD 8.1 billion, showing an increase of 4.4%, as compared to Q1 of 2014. the company's press-office reports. 

The number subscribers using data services by phone is 1,051,251. The number of subscribers using broadband Internet (through wireless devices such as USB modems and routers) is 75,715. The total number of subscribers using data services provided by VivaCell-MTS is 1,126,966.  

The total number of VivaCell-MTS subscribers as of March 31st, 2015, is 2.12 million (about 60% share of the market). In the first quarter of 2015, the Company accomplished its targets set for retail sales by offering to the market a wide range of cutting-edge mobile devices from different manufacturers, at competitive prices. Retail revenues totaled to AMD 442.5 million, by achieving a solid increase of 283.6% as compared to the same period of time a year ago. Total investment amounted to AMD 432 million.
The Company reports gross additions of more than 157 thousand throughout Q1.

VivaCell-MTS (K-Telecom CJSC) is Armenia's leading telecommunications operator, having the widest 2G/3.75G/4G network reach and spreading a wide range of Voice and Data services all across Armenia. Having the best of the Armenian people interest at heart since its launch on 1st July 2005 and in a short period of time VivaCell-MTS has managed to build a nationwide network and a considerable customer base. VivaCell-MTS drives innovation and aims at always being at the forefront of any development serving the Armenian mobile communications market.  The company follows the guidance provided by ISO 26000 (International Standard of Social Responsibility) and ISO/IEC 27001:2013 (Information Security Management System). 

Mobile TeleSystems OJSC ("MTS") is the leading telecommunications group in Russia and the CIS, offering mobile and fixed voice, broadband, pay TV as well as content and entertainment services in one of the world's fastest growing regions. Including its subsidiaries, the Group services over 100 million mobile subscribers. The Group has been awarded GSM licenses in Russia, Ukraine, Turkmenistan, Uzbekistan, Armenia and Belarus, a region that boasts a total population of more than 200 million. Since June 2000, MTS' Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). 

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