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Sberbank-Telecom

Company

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Owners:
Sberbank

Revenue and profit of the company, Thousand rub

RevenueProfit
2018362 400- 247 900

Assets

The mobile virtual operator (MVNO) Sberbank-Telecom uses networks of the operators existing in the market. The license for communication services provision is granted in August, 2016.

Performance Indicators

2018: Revenue — 362.4 million rubles, a loss — 247.9 million rubles

In 2018 revenue of Sberbank-Telecom company made 362.4 million rubles, and net loss of the mobile operator of Sberbank reached 247.9 million rubles. Data of SPARK-Interfax demonstrate to it.

Follows from the same base that in 2018 Sberbank-Telecom executed two contracts for rendering telecommunication services to Sberbank and its "daughter" "Settlement solutions" for the amount of nearly 88 million rubles. Generally it were deliveries of SIM cards for POS terminals, Vedomosti notes.

Own mobile operator yields to Sberbank losses
Own mobile operator yields to Sberbank losses

The representative of operator told the edition that by the beginning of August, 2019 Sberbank-Telecom works in 45 regions. The company is concentrated on regional expansion, improvement of client experience and quality of service and also makes many investments in development of IT infrastructure, the CEO Sberbank telecom Ruslan Gurdzhiyan through the representative reported the newspaper.

In addition to Sberbank, "Tinkoff of bank" has own mobile operator. Revenue of "Tinkoff of a mobayl"  in 2018 made 239 million rubles, i.e. is one and a half times less, than at Sberbank telecom. Losses of "Tinkoff of a mobayl" were even higher in comparison with the competitor — 1.1 billion rubles from which 254 million rubles were the share of expenses on customer acquisition and 814 million rubles on administrative and operating costs. By the beginning of August, 2019 of "Tinkoff of Mobile"  works in 60 regions of Russia. No "Tinkoff of Mobile", Sberbank-Telecom disclose the number of the subscribers.

According to the agency head of TMT consulting Konstantin Ankilov though both operators were started in mass market almost at the same time, the project of Sberbank in a year managed to attract more clients thanks to wider distribution network. In September, 2019 start cellular the operator of VTB — "VTB  of Mobile" is expected.[1]

2018

Start of service of the mobile virtual operator under the Sbermobayl brand

On September 26, 2018 Sberbank announced start of service of the mobile virtual operator under the Sbermobayl brand which will be available to 4 subjects of RussiaMoscow, St. Petersburg, the Moscow and Leningrad regions. Until the end of 2018 13 more territorial subjects of the Russian Federation will join them. Read more here.

Notes