BELARUS NEWS AND ANALYSIS

DATE:

02/11/2006

MTS Belarus reports revenues of USD138.1 million in 1H 2006

Belarusian mobile operator Mobile TeleSystems Belarus (MTS Belarus) has reported revenues of BYR297.04 billion (USD138.1 million) in the first half of 2006, according to a statement on its web site. This is the first time the company has released any financial data on its operations and no comparisons or accounting standards were provided. The cellco said its capital expenditure amounted to BYR107.3 billion in the first six months of the year. MTS Belarus had 2.584 million users at the end of the period, up from 2.339 million users at 31 March, the company said. The operator's monthly average revenue per user (ARPU) was USD9.86 and minutes of usage (MoU) stood at 407 minutes.

According to Telegeography's GlobalComms database, MTS Belarus launched GSM-900/1800 services in June 2002, initially in Minsk and the surrounding area, but has since expanded to several other regions, including the Brest-Moscow highway, Grodno, Gomel, Vitebsk and Mogilev. The cellco is 51% owned by Belarus' Mezhdugorodnaya Svyaz (Intercity Communications) and Russia's largest mobile phone operator Mobile TeleSystems (MTS) owns the remaining 49%.

Source:

http://www.telegeography.com/cu/article.php?article_id=15134&email=html