TeliaSonera net Profits rise by 19% in Q3

On 10.25.10, In Mobile, By Editor

­TeliaSonera has reported its Q3 release. The company saw a slight decrease in its revenues to US$4 billion, although excluding currency fluctuations, sales would have raised by 4.3%. Net profit was up by 19% toUS$905 million compare to last year.

During the quarter the number of subscriptions increased by 4.2 million, of which 2 million new subscriptions in the consolidated operations and 2.2 million in the associated companies, totaling 156.6 million.

According to Lars Nyberg, President and CEO, it is encouraging to see that the organic growth rate improved further in the third quarter and that the growth is coming from many parts within the group. Both Mobility Services and Eurasia are seeing accelerated growth compared to previous quarters, the former driven by mobile data and equipment sales and the latter by macroeconomic recovery and higher mobile penetration. More importantly, the company is delivering profitable growth and the EBITDA, excluding non-recurring items, in the third quarter was the highest in the company’s history. In Eurasia, they have invested significant amounts in building high-quality mobile networks in Uzbekistan and Nepal since the company acquired the operations in 2007 and 2008. Both Ucell and Ncell are delivering record-high subscriber intake and the company is closing the gap to the market leader in both countries. At the same time Kazakhstan, the largest market in Eurasia, continued to grow with growth in local currency exceeding 20% in the third quarter.

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Turk Telecom posts 88% rise in net profit

On 04.21.10, In Mobile, By Editor

www.WirelessFederation.com/news: 88% rise in first quarter net profit has been reported by Turk Telekom to TRL546 million (USD365.5 million). However, it has also warned that growth would be below a 5% target this year due to mobile pricing.

3% rise in sales on the first quarter reaching TRL2.58 billion has been in line with forecasts.  Pricing pressures in the mobile market has been cited as a major reason of concern this year.
According to the company, the macro-economic situation of Turkey is improving with some GDP growth expected and

Turk Telekom is very well positioned to grow its consolidated revenue but the growth is likely to be less than 5% this year, given uncertainty over price recovery in mobile.

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Turk Telecom posts 88% rise in net profit

On 04.21.10, In Mobile, By Editor

www.WirelessFederation.com/news: 88% rise in first quarter net profit has been reported by Turk Telekom to TRL546 million (USD365.5 million). However, it has also warned that growth would be below a 5% target this year due to mobile pricing.

3% rise in sales on the first quarter reaching TRL2.58 billion has been in line with forecasts.  Pricing pressures in the mobile market has been cited as a major reason of concern this year.

According to the company, the macro-economic situation of Turkey is improving with some GDP growth expected and Turk Telekom is very well positioned to grow its consolidated revenue but the growth is likely to be less than 5% this year, given uncertainty over price recovery in mobile.

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Kyrgyzstan govt cancels tenders for Kyrgyztelecom

On 04.20.10, In Mobile, By Editor

www.WirelessFederation.com/news: The results of the tenders to sell the state’s shareholding in incumbent telco Kyrgyztelecom (KT) and two electricity companies has been cancelled by Kyrgyzstan’s interim government claiming that the tenders were held in order to sell the stakes to investors close to ousted president Kurmanbek Bakiyev at unreasonably low prices.

Tender for the government’s 78% stake in KT in February 2010 was won by a consortium of four investors including Investment Company of Kazakhstan, Cypriot companies Nimisco Holdings and Colimar Holdings, and local firm Ala-Too Keni Company.

It offered USD40 million for the stake and pledged to invest USD200 million in the fixed line operator.
Country’s social fund (12.51%), the company’s employees (5%), individual investors (3.65%) and management (1%) are the other shareholders of KT.

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Armenian cellco K-Telecom reaches 2.1m subscribers mark

On 03.26.10, In Mobile, By Editor

www.WirelessFederation.com/news: The subscribers’ base of Armenian cellco K-Telecom (trading as VivaCell-MTS) reached 2.1 million on February 28, 2010.

75% of the domestic mobile market had been controlled by VivaCell-MTS at December 31, 2009. With 19% market share, the mobile arm of national PTO ArmenTel (Beeline) was close to MTS and it was followed by market newcomer Orange Armenia with the remaining market share. Orange signed its 200,000th subscriber just last month having launched services on November 5, 2009.

Given the threat posed by its rivals, VivaCell-MTS is now looking to new, advanced technologies to maintain its competitive edge. Plan to deploy 4G mobile broadband services based on Long Term Evolution (LTE) technology in 2010 has been recently revealed by the company.

Out of 2.045 million-strong customer base of the cellco, around 600,000 subscribe to some form of data product (i.e. GPRS, EDGE or UMTS technology), including around 400,000 3G subscribers.

VivaCell is a subsidiary of Russian powerhouse Mobile TeleSystems OJSC (MTS), a leading telecoms operator in Russia and CIS countries.

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Turkcell net profit drops by 45.3%

On 03.12.10, In Mobile, By Editor

www.WirelessFederation.com/news: 45.3% year-on-year decline in fourth quarter net profit has been reported by mobile group Turkcell, whose revenues went to TRY253 million in 2009 from TRY462 million (USD300.4 million) in the final three months of 2008.

Drop to impairment charges, fixed asset write-offs and legal payments totalling TRY256 million in the three months have been attributed as some of the reasons behind the loss. With 3% year-on-year fall, the revenues for the period slipped to TRY2.26 billion. EBITDA (earnings before interest, tax, depreciation and amortization) fell by 11.5% from TRY770 million to TRY682 million.

Meanwhile, the full year net profit of the company fell by 25.9%, down to TRY1.7 billion. The company had a tough time dealing with the accumulated legal fees and impairment charges of TRY381 million which greatly affected the earnings.
A consolidated customer base growth of 2% year-on-year has been recorded by Turkcell despite a 4.3% drop in subscribers in its domestic operation (down to 35.4 million cellular subscribers)

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Turkcell expects net profit of around TRY 250m (Turkey)

On 03.04.10, In Mobile, By Editor

www.WirelessFederation.com/news: A net profit of around TRY 250 million has been expected by telco Turkcell as a result of extraordinary charges for impairments, write-offs and legal reserves in Q4.

Legal reserves related to the Telecommunications Authority, fixed asset write-offs related to operations in Belarus and Turkey, goodwill impairment charges in Belarus and Tax Authority and Competition Board’s recent decisions in Turkey have been recognized in line with IFRS guidelines.

As an impact of the one-time charges and reimbursements based on the regulator’s decisions, revenue of TRY 2.260 billion is expected by the operator in its fourth quarter.  EBITDA is expected to be approximately TRY 680 million in Q4.

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Turk Telekom’s net profit rises 4.6% year-on-year

On 02.15.10, In Mobile, By Editor

www.WirelessFederation.com/news: 4.6% year-on-year rise in net profit from TRY1.75 billion (USD1.16 billion) in FY2008, to TRY1.83 billion has been announced by Turk Telecom, for the year ended December 31, 2009.

Revenues for the period increased 3.7% to TRY10.57 billion in 2009, rising from TRY10.19 billion a year earlier. Operating expenses grew by 8% year-on-year while CAPEX jumped by 40.7%, up to TRY6.3 billion and TRY2.47 billion respectively.

According to Paul Doany, CEO of Turk Telekom, in 2009 the primary focus for Turk Telekom Group was improving the basic communication infrastructure to launch an 8Mbps standard speed internet service across the whole of Turkey and over the next year the firm will continue to add more innovative services and offerings, such as IPTV, and add more focus to the exporting of the services and products.

Avea, the mobile arm of the company, posted revenues of TRY2.5 billion for the year ended December 31, 2009, up from TRY2.11 billion in 2008

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In-flight mobile phone calls activated in Turkish Airlines

On 02.08.10, In Mobile, By Editor

www.WirelessFederation.com/news: Turkish Airlines’ passengers can now attend to their mobile phone calls during the flight. As per the contract signed between Turkish Airlines and ¬Panasonic Avionics, Panasonic’s eX2 In-Flight Entertainment and Global Communications Suite powered by AeroMobile will be installed to enable the passengers to have a full complement of in-flight entertainment and communication options available at their fingertips.

According to Temel Kotil, President and Chief Executive Officer of Turkish Airlines, Panasonic’s eX2 and Global Communications Suite will give the ability to tailor passengers’ experiences with live broadcast TV, Wi-Fi access for laptops and PDAs, as well as the use of mobile phones.

Over one million airline passengers have now used AeroMobile services since inception. On some flights, passenger adoption rates are exceeding 40%.

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Orange Armenia reaches 200K subscribers in three months

On 02.05.10, In Mobile, By Editor

www.WirelessFederation.com/news: 200,000 subscriber marks has been crossed by Orange Armenia in less than three months after launching commercial services on 5 November 2009.The Company is owned by France telecom and hit the 100,000 subscriber mark in early December itself.

EUR100 million (USD148.5 million) has already been invested by Orange and is going forward to provide necessary expertise and investment to ensure the development of a high-quality 2G and 3G+ network offering nationwide coverage.
Before Orange’s entry in Armenia, the market was previously a duopoly of VivaCell-MTS and ArmenTel (Beeline).

However, a population of around 3.2 million people, including 1.1 million in the capital Yerevan, Armenia offered the FT group significant growth potential.

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