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Businesses

Recent financial performance

  • Transformation program on track, in a difficult operating environment
  • Mobile customer base increased 4% QoQ to 26.3 million
  • Mobile service revenue decreased 4% YoY to UAH 2.9 billion primarily due to lower customer spending 
  • EBITDA declined 14% YoY to UAH 1.4 billion; EBITDA margin of 45.5%, up 1.0 percentage point QoQ

The ongoing turmoil in Ukraine and the resulting very difficult environment led to more conservative spending behavior by customers and a negative impact on Kyivstar’s financial results. The operating and economic environment in Ukraine is expected to remain challenging.

The ongoing transformation program, which aims to improve customer excellence and operational performance, is on track and is showing positive results. Net Promoter Scores in 3Q14 continued to improve, particularly in network quality perception, but also due to attractive simplified tariff offerings focused on on-net, off-net, Internet and FTTB. As a result, Kyivstar reported the leading position in NPS and annualized churn improved by 13 percentage points YoY to 19%.

More information on the Company’s recent financial performance +

Ukraine revenue chart

Ukraine EBITDA chart

Ukraine CAPEX chart

Mobile customers

Forward-looking statements

The information on this website contains "forward-looking statements", as the phrase is defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

Read more information on forward-looking statements +

Highlights

2%

3Q14 mobile customers increase YoY

12%

3Q14 broadband customers growth YoY
  • Russia
    Italy
    Africa & Asia
  • CIS
    Ukraine
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