Vip Mobile, the Serbian mobile operator, has posted Q1ĀĆ09 revenues of EUR 15.4 million, up 27.3% from EUR 12.1 million in Q1ĀĆ08. 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 Q1ĀĆ08.
The Serbian mobile operatorĀfs 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 Q1ĀĆ09 end.
Source: Wireless Federation.