...OAO MegaFon has reached its long\##set goal of ##.#% subscriber market share at Q### and aims to strengthen its position in relation to its two national peers thanks to its ##.#% market share of new additions in the first nine months of #### (#M##). Fitch Ratings believes that as the number\##three operator by subscriber base, MegaFon is best positioned to increase its market share. In #### and #M##, MegaFon demonstrated strong financial performance on the back of increased subscriber penetration in Russia, to ###%, and greater average revenue per user (ARPU) of USD## in Q###. ARPU was up significantly from USD##.# at YE## due to a number of factors, such as increased use in minutes of use (MOU) terms, average price per minute (APPM) stabilisation, the interconnect impact and rouble appreciation. The company s operating performance continues to be good, with an EBITDA margin of ##.#% at end\###M## compared with ##.#% at #M##....
|
