Key performance results of VivaCell-MTS in the second quarter of 2015 announced

Mobile TeleSystems PJSC announced its financial results for the second quarter of the year, including major financial and operational results of its foreign subsidiaries.

In the second quarter Armenia’s leading telecommunications operator VivaCell-MTS succeeded in meeting its key financial and operational targets, with the Company’s revenues totaling AMD 18.5 billion (9.2 % increase compared to Q1), and with OIBDA of AMD 8.5 billion (4.2% increase compared to Q1).

MTS quarterly report also reads that the overall revenue dynamics is aided by increased data revenues through higher smartphone penetration and customer migration to data plans. Quarterly revenue increase is attributable to seasonal factors: ARPU indicator is up by 10.5% in the second quarter (AMD 2,836), compared to the first quarter (AMD 2,565). The quarterly increase in ARPU is in line with traditional seasonal trends due to higher subscriber roaming revenues.

Throughout the second quarter, MOU indicator (536 minutes) has grown by 8.7%, compared to the same indicator in the first quarter (493 minutes). Year-to-year rise in MOU reflects MTS’ efforts aimed at driving voice usage.   

The total number of VivaCell-MTS subscribers as of June 30, 2015, is over 2.1 million.