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 Friday, 15 May 2009

Vip Mobile, the Serbian mobile operator, has posted Q1Œ09 revenues of EUR 15.4 million, up 27.3% from EUR 12.1 million in Q1Œ08. The EBITDA loss nearly halved to EUR 6.8 million versus EUR 13.0 million a year earlier. The operating loss fell to EUR 21.4 million, from a loss of EUR 23.2 million in the Q1Œ08.

The Serbian mobile operatorfs subscriber base rose by 66.5% from a year earlier to 1 million subscribers at end-March. Vip Mobile had a market share of 10.2% at Q1Œ09 end.

Source: Wireless Federation.