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"A1 Bulgaria" marks a rise for the second quarter of its three most important indicators: turnover , profit before tax and depreciation
The turnover of "A1 Bulgaria" for the period was 110.5 million euros (216.1 million leva), an increase of 7% compared to the same period last year. EBITDA increased by 8.9% to EUR 36.3 million (71 million leva). The average income of end users (ARPU) reached 5.6 euros (10.95 leva), up 3.8%. The turnover for the semester was 217.5 million euros and the EBITDA of 67.6 million euros
There was a slight slowdown in growth EBITDA. In the first quarter, the increase was 10.7%. At the same time, the revenue trend is reversed and there is a notable acceleration from 3.4% in the first quarter to 7% in the second quarter.
Stable trend
In the parent group report A1 Telekom Austria notes that trends in Bulgarian business are still stable and that management is doing its job to keep the Priority customers of the company. "Fixed telephony trends continue to be encouraging," the report says.
Revenue growth is mainly due to fixed services and aircraft sales.
The former grew by 11.4% to 25.3 million euros during the quarter, driven by specialized business services as well as by its own MAX Sport Telecom . Terminal sales jumped 25.5% to 16.1 million euros due to lower telecom subsidies and continued demand for more expensive smart terminals
In the second quarter, the company was officially renamed Mobiltel "to" A1 Bulgaria ", changing the name of the company.The number of customers decreased to 3.97 million against 4.1 million a year ago.The reason is the number of prepaid cards, which dropped by 25% during the period due to the new regulations in the country, which set a limit of 10 prepaid cards to an individual.The number of subscribers to the contract has increased by 0.9% to reach 3.51 million people.
The trend of higher earnings in the second quarter is also observed with Telenor Bulgaria, which previously posted a figure of business of BGN 175 million and EBITDA of BGN 68 million.
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