UKRTELEKOM PAT In 2015 Company EBITDA amounted to UAH 1.86 bln and that is 55% more than the same period in 2014.
Last year EBITDA margin has increased by more than 8.5 bps and amounted to 27.5%. The ratio of debt obligations to EBITDA decreased from 1.7 (end of 2014) to 1.0 (end of 2015), indicating upsurge of the Company liquidity.
The Company net income has increased by 3.2% or UAH 15 mln and amounted to UAH 445 mln.
Telecommunications services income has increased by UAH 120 mln and amounted to UAH 6.12 bln.
The structure of telecommunications income of the Operator is also gradually changing. Customers in Ukraine, as well as around the world, increasingly frequently choose mobile communications. Accordingly, the revenue from fixed telephony is slowly decreasing. Last year it has decreased by 2.2% and amounted to UAH 3.2 bln.
Income from broadband Internet service continues its growth - last year it increased by UAH 136 mln and amounted to UAH 1.323 bln. In 2015, the Operator connected over 200 settlements to worldwide network. Today the number of settlements connected is almost 1900.
By the end of 2015 broadband Internet user base totaled 1.63 million users. The Company continues to develop broadband and bring new, modern and affordable offers to the market. For example, the number of users of Interactive TV service that was first introduced in mid-2014, increased by 3,5 times.
The Company also continues investing in new services for corporate clients. Last year, the Operator introduced Cloud PBX, and today there are over 2500 lines.
Provision of Ukrtelecom Data center service has also become popular service for big business. Given the demand, last year the Company increased the capacity of the center by 10% up to 4.300 units and is now considering its further expansion.
Last year Ukrtelecom connected to fiber-optic Internet over 1.000 points in B2B segment. Currently, corporate clients can use Internet access at speed up to 10 Gb/s.
In addition, last year Ukrtelecom implemented a number of projects to build telecommunications networks in corporate segment. Last year more than 20 national projects were implemented with thousands of objects connected throughout Ukraine.
In 2015, almost UAH 2 bln was transferred to budgets of all levels.
'2015 has brought the Company's growth in most fields. This shows the correctness of the strategy chosen. In the past year we have focused on improving effectiveness of corporate management by implementing new operating model and business process optimization. Next year, thanks to the support of China Development Bank and Huawei, will be the year of the start of the largest modernization in Ukrtelecom history, helping the Company to make a qualitative leap. Ukrtelecom that has long lost its monopoly in the telecommunications market, is to complete this transition to the status of technological leader of telecom industry of Ukraine', Yuriy Kurmaz, Ukrtelecom CEO said commenting on the results.
*data for 2015 according to unaudited reports in 2015
**for correct comparisons data of excluding ARC 2014 are used
Profile:
Ukrtelecom JSC is the largest fixed line operator in Ukraine, the leader among Internet providers. Ukrtelecom is the sole founder and member of TriMob LLC, 3G/UMTS mobile operator.
Today the Company provides fixed telephony service to almost 7.2 mln subscribers, and broadband Internet to over 1.6 mln customers.
SCM is the professional investment company, the managing company for a major Ukrainian financial and industrial holding company Its business including three areas: metals and mining, power generation, and finance, as well as telecommunications, media business, real estates, retail, clay mining, oil trading, agriculture, mechanical engineering, and transport business. On October 4, 2013 Ukrtelecom JSC became part of SCM Group.
SCM Group includes Metinvest and DTEK, FUIB, ASKA and ASKA Life, Ukrtelecom, Vega Telecommunications Group, Ukraina Media Group, ESTA Holding (real estate), Ukrainskiy Retail (retail), UMG (mineral materials production), Parallel (petroleum products retail), HarvEast (agriculture), Corum Group heavy engineering holding, Portinvest transport holding, and others.
Oleg Popov is CEO of SCM.
100% of SCM shares are held by Ukrainian businessman Rinat Akhmetov.
SCM website: http://www.scm.com.ua/
Ukrtelecom JSC issued this content on 22 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 March 2016 15:30:16 UTC
Original Document: http://en.ukrtelecom.ua/about/news?id=137747
