VivaCell sees Q3 profit slip

Armenian mobile operator VivaCell-MTS saw its third quarter revenues grow to AMD 21.75 billion from AMD 20.73 billion a year earlier.

Voice revenues totalled AMD 12.37 billion, up slightly from AMD 12.32 billion last year, and data revenues increased to AMD 1.54 billion from AMD 1.39 billion in Q3 2011. VAS revenues stood at AMD 703.71 million, down from AMD 893.73 million. OIBDA went up to AMD 12.46 billion from AMD 11.88 billion and VivaCell posted a third quarter profit of AMD 3.49 billion, down from AMD 4.64 billion a year earlier.

The operator’s subscriber base totalled 1.96 million, up from 1.92 million in Q3 2011, and ARPU increased to AMD 3,634 from AMD 3,466.