Friday, 21 September 2018

MegaFon Q1 revenues surge but profit hit by forex losses

By Nick Wood, Total Telecom
Friday 30 May 14

Telco's operating income pressured by growing share of lower margin handset sales, wireline revenue.

MegaFon reported impressive revenue growth during the first quarter but earnings suffered due to foreign exchange losses and acquisition costs. For the three months ended 31 March, the Russian operator generated revenue of 74…

MegaFon reported impressive revenue growth during the first quarter but earnings suffered due to foreign exchange losses and acquisition costs. For the three months ended 31 March, the Russian operator generated revenue of 74…

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