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Quarterly results life:): abonbaza stable, foreign exchange earnings fell by 27%
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18 Feb 2016 23:30:18
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Quarterly results life:): abonbaza stable, foreign exchange earnings fell by 27%

Turkcell reported on quarterly statements of the subsidiaries, including operating under the brand life:) CJSC "Belarusian telecommunications network". The size of the operator's revenue in October — December of last year in dollar terms amounted to nearly $52 million, or 27.3% compared to the fourth quarter of 2014. In Belarusian rubles, revenue increased by 13%.

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Turkcell reported on quarterly statements of the subsidiaries, including operating under the brand life:) CJSC "Belarusian telecommunications network". The size of the operator's revenue in October — December of last year in dollar terms amounted to nearly $52 million, or 27.3% compared to the fourth quarter of 2014. In Belarusian rubles, revenue increased by 13%.

the Decrease in revenue in foreign currency in Turkcell explain high inflation and significant rise in the dollar. Net losses for the operator amounted to $6.7 million, whereas a year earlier it reached $79 million.

EBITDA (earnings before taxes, interest and depreciation) compared with the same period in 2014 has increased nearly fourfold, exceeding a million dollars. The number of active subscribers in the fourth quarter compared with July — September has not changed and remained at the level of 1.1 million users. In comparison with last year abonbaza grew by 10%.

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