Ukrainian Radiosystems, the mobile communications operator that uses the Beeline trademark, ended the period of October-December 2009 with net operating revenues of UAH 385 million.
VimpelCom, a Russian mobile communications operator, announced this in a statement.
Beeline’s net operating revenues in the fourth quarter of 2009 reduced by UAH 39 million or 9.2% compared with the corresponding period of 2008.
Its OIBDA (Operating Income Before Depreciation and Amortization) amounted to UAH 60.8 million in the fourth quarter, a reduction of UAH 12.9 million or 17.5% compared with the corresponding period of 2008.
Its ARPU (Average Revenue Per User) reduced by UAH 10.2 or 24.2% to UAH 31.9 in the fourth quarter of 2009, compared with the corresponding period of 2008.
Beeline’s financial report was based on international standards.
As Ukrainian News earlier reported, Beeline ended the third quarter of 2009 with net operating revenues of UAH 442 million.
VimpelCom owns 100% of the shares in Ukrainian Radiosystems.
