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PJSC Ukrtelecom in January-June 2018 received 289 million UAH (355 million UAH in the first half of 2017) net profit, which is 28.6% of more than at the same time in 2017, General Director of the operator Yuriy Kurmaz at a press conference in Kiev on Tuesday
According to him, while the net income for this period has decreased by 1.39% to UAH 3,249 billion (UAH 3,295 billion in the first half of 2017). EBITDA decreased by 11.3% to 446 million UAH, while the margin EBITDA decreased by 3.5 percentage points to 27.3% .
Yu .Course Maz noted that the main reason for the decline in fixed-line revenues is the theft of copper infrastructure Ukrtelecom network, which has become so far "threatening". According to him, this also brought the operator a significant increase in the cost of rebuilding the infrastructure.
According to him, the decline in revenue is also affected by the organic decline in the number of subscribers to fixed telephony, which is a worldwide trend. % – to the tune of 715 million UAH, revenue from the Internet and related services grew by 5.3% to 409 million UAH compared with the same period l '; last year.
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