Фотографии «МегаФона»

“MegaFon” during the pandemic increased profits by a third


MegaFon reported its work in the second quarter of this year: the company maintains OIBDA margins, reduces debt burden and increases net income despite the continued impact of the pandemic.

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Photos “MegaFon”

In the period from April to June inclusive, one of the largest Russian mobile operators received 78.5 billion rubles in revenue. This is 8.3% less than a year ago. Service revenue decreased by 6.9% to RUB 73.4 billion.

At the same time, net profit jumped by more than a third – by 35.2%, reaching 4.0 billion rubles. The total debt decreased by 17.7 billion rubles – to 357.4 billion rubles. The OIBDA margin (profit from operating activities before depreciation of property, plant and equipment and amortization of intangible assets) remained at 45.4%.

The subscriber base of MegaFon in Russia in the second quarter remained practically at the level of the previous year – 75.4 million. The number of data transmission users rose by 4.2% to 34.9 million people, which is 46.3% of the total base.

In the second quarter of 2020, the number of base stations increased by 2.3% – to 189 thousand. More than 4 thousand “towers” were put into operation in the LTE and LTE Advanced standards. The number of registered 4G devices in MegaFon’s network increased by 14.5% over the year, to 35 million.

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