Author: Telekom Austria
As of end of June 2008 Velcom, the second largest mobile operator in Belarus, grew its subscriber base to 3.369 million customers compared to 3.2 million at the end of March 2008.
Velcom increased its market share from 43.9% in 1Q 08 to 44.4% in 2Q 08. The penetration rate in Belarus was 78.2% at the end of June 08.
Velcom contributed EUR 71.1 million of revenues and EUR 35.0 million of EBITDA in 2Q 08. Velcom's operating income in 2Q 08 amounted to EUR 16.9 million. Velcom grew ARPU from EUR 6.5 in 1Q 08 to EUR 6.9 in 2Q 08.
Average minutes of use charged per subscriber increased from 147.7 in 1Q 08 to 165.8 minutes in 2Q 08.
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