MTS Uzbekistan reports drop in Q2 results
Tuesday 6 September 2011
MTS Uzbekistan saw its second-quarter revenues fall to US $109 million from $113 million a year earlier, and OIBDA dropped to $58 million from $66 million.
The customer base rose over the same period to 9.4 million from 7.6 million. The increase in customers diluted ARPU to $3.9 from $5.0 a year ago. MOU was also down, to 416 from 534 a year earlier.
About MTS Uzbekistan
In August 1991 under the initiative of the Ministry of Communications and due to support of the Government of the Republic of Uzbekistan “Uzdunrobita” company was founded for granting services of cellular communications. This was the first mobile operator not only in Uzbekistan, but in the Central Asia region.
In August 2004 Uzdunrobita integrated “Mobile TeleSystems” (Russia). After the rebranding, which had been done in June 2006, the company grants its services under the renewed MTS brand.
Uzdunrobita is the biggest mobile operator in Uzbekistan and grants its’ services in GSM 900/1800 standard. MTS-Uzbekistan network has the widest coverage in the Republic – it covers more than 94% of inhabited territory of Uzbekistan.
In April 2007 the Agency of communications and information of the Republic of Uzbekistan granted to Uzdunrobita, subsidiary of MTS in Uzbekistan, the License for granting of communication services in UMTS standard of 3G network. On December 2008, a 3rd generation network has been launched in Tashkent and Samarkand.