Main article about the company: VimpelCom
2023: Annual revenue growth by 5.9% to RUB 303.5 billion
In 2023, VimpelCom earned 303.5 billion rubles in revenue, which is 5.9% more than a year earlier. The Russian telecom operator disclosed such data on March 4, 2024.
According to the reports VimpelCom of "," in 2023 the company's service revenue reached 275.4 billion rubles, which is 4.8% higher than a year ago. Profit EBITDA increased by 9%, to 129.1 billion rubles, and EBITDA margin rose to 42.5% from 41.3%.
Adjusted net profit for 2023 increased by 506.5% and amounted to 3.4 billion rubles. VimpelCom's capital expenditures for 2023 amounted to 63 billion rubles, an increase of 4.7% on an annualized basis.
 | This dynamics reflects the gradual return of investment intensity to normal levels after a period of increased investment in the network infrastructure of several previous years, as a result of which we achieved a significant improvement in the quality of communication and customer experience and managed to reverse the long-term decline in key operational and financial indicators, the company said. |  |
It also follows from the materials of VimpelCom that refarming (the transfer of frequencies used in 2G and 3G communication networks to the modern LTE standard) in 2023 was carried out in 31 regions of Russia, 40% of voice traffic has already switched to VoLTE (72 regions, 15.2 million users). VoWiFi indicators - 1.7 million subscribers and 70 regions. Data traffic grew by 18.8% over the year.
The number of accidents in VimpelCom networks in 2023 decreased by 10% year-on-year, and the time of the impact of accidents on customers decreased by 28%. Revenues from cybersecurity and cloud computing products increased 60% in 2023. EBITDA in the direction of Big Data and AI rose by 22%.[1]
2022
VimpelCom built 22.5 thousand base stations
In 2022, VimpelCom deployed 22,500 base stations, as a result of which their total number exceeded 196 thousand units. This is stated in the report on sustainable development, which the Russian telecommunications operator published in September 2023.
The company noted that in 2022, through reframing in 32 regions of the country, VimpelCom increased the speed of mobile Internet by an average of 33% compared to the previous year. By the end of December 2023, over 11 million customers in 48 regions of the Russian Federation used VoLTE technology .
In 2022, VimpelCom increased the length of fiber-optic communication lines by 3.1 thousand km to 183.3 thousand km. To improve the quality of communication for Russian customers, Beeline has modernized its international hub in Hong Kong, which is connected to the Russian network in two directions - to Moscow and Vladivostok. As a result of the work, the Moscow-Hong Kong route became shorter by 16%, and Hong Kong-Vladivostok - by 27%. Due to this, as noted in the report, the availability of foreign resources was improved.
VimpelCom also announced the development of digital infrastructure in the cities of the Russian Federation: in 2022, the company entered into 12 relevant agreements with regional governments for a total amount of 1.89 billion rubles. In 2021, 15 similar contracts were signed in the amount of 6.7 billion rubles. Beeline also concluded partnership agreements with more than 30 technological universities in 2022.
In addition, the company's report says that in 2022 the operator had a contract agreement with 5.9 thousand suppliers, with 97% of the total procurement volume accounted for Russian companies. This is 16% more than in 2021. Among the main procurement categories are equipment, infrastructure solutions and services, as well as cellular phone accessories.
Revenue reduction by 1.4% to RUB 286.7 billion
Revenue VimpelCom"" in 2022 amounted to 286.7 billion, rubles which is 1.4% less than a year earlier. The service revenue of the telecom operator in comparison with these periods rose by 3% and exceeded 262.87 billion rubles. The company published such data on March 16, 2023.
| | The growth is due to the implementation of the declared strategy for the development of the client-centric model, which, among other things, implies a consistent reduction in costs for the development of inefficient sales channels and concentration on high-quality customer service, VimpelCom said in a statement. | |
Total revenue from broadband access to the Internet to in 2022 compared to 2021 increased by 5.5%, to 12.7 billion rubles. The company noted that the B2B segment also saw revenue growth of 7.7% compared to 2021.
The number of VimpelCom subscribers in 2022 decreased by 9.3%, to 44.8 million people. The number of mobile data users amounted to 31.5 million, a decrease of 8.6%. The average account per subscriber per month (ARPU indicator) in the mobile segment increased by 12.4% - to 422 rubles. The average monthly voice traffic decreased by 2.6% - up to 314 minutes. Average data traffic increased by 24.2% - to 18.3 GB per user per month.
Capital expenditures in 2022 amounted to 59.3 billion rubles, a decrease of 20.9% compared to the previous year. This is due to the fact that the company in 2020-2021. carried out a large-scale construction of the network and managed to complete it before the beginning of 2022. In addition, the company in the bulk managed to purchase the main necessary equipment in advance for 2022.
VimpelCom's coverage of 4G networks in 2022 increased to 90% from 89% in 2021. In 2022, due to refarmings in 34 branches and the implementation of the construction program, the speed of operation of subscribers on the Internet increased by more than 23% compared to 2021. VoWiFi for 2022 was launched in 33 regions, by the end of the year the service was available in 42 regions. VoLTE was launched in 32 regions, the service was available in 43 regions by the end of the year.[2]
2020: Veon wrote off $723 million due to revaluation of business in Russia
On October 29, 2020, Veon published its financial report for the third quarter, in which it reported a write-off of $723 million due to the revaluation of its business in Russia. As specified in the company, the decision is due to a reduction in the share of VimpelCom and a decrease in revenue in the Russian market, which in turn negatively affected the fair value of the business. Read more here.
2019: Revenue decline by 0.6% to RUB 289.8 bln
On February 17, 2020, it became known that the revenue of PJSC VimpelCom"" (brand, "" division of the Beeline the Russian telecommunication holding) Veon at the end of 2019 decreased IFRS by 0.6% - to 289.8 billion rubles. In 2018, the revenue of the telecom operator amounted to 291.5 billion rubles. In addition, VimpelCom lost 1.1% of its customers.
According to Veon, annual mobile service revenue VimpelCom"" decreased by 2% compared to 2018 - to 225.5 billion rubles. The company's fixed-line revenues decreased by 1.3% to 34.8 billion rubles. The indicator EBITDA increased by 21% - to 126.6 billion rubles, and EBITDA margin amounted to 43.7%.
VimpelCom capex in 2019 increased by 65.3% to 77 billion rubles. By the end of Q4 2019, Beeline's subscriber base decreased by 1.1% to 54.6 million subscribers. ARPU also decreased - 335 rubles. against 350 rubles. a year earlier.
According to the Veon report Russia , in 2019 the company faced pricing difficulties and "efficiency." distributions The combination of factors became, according to Veon analysts, the reason for the reduction bases in customer by 1.1% compared to the previous year.
The total revenue of VimpelCom in the IV quarter of 2019 amounted to 73.4 billion rubles. Compared to the same period in 2019, it decreased by 3.3%. Veon estimates that this was due to a different approach to tariffs, which wanted to stop the outflow of customers.
| | At the same time, pressure on the company's customer base continued, which, together with the growth of the market share of tariffs with unlimited transmission of mobile data, led to a 5.9% reduction in service revenue in the mobile segment to 55.3 billion rubles, the Veon report said. | |
At the same time, revenues from mobile data transmission amounted to 16.2 billion rubles, an increase of 1.6%.
EBITDA in the IV quarter increased by 19.3% - to 29.7 billion rubles, profitability in the indicator increased to 40.5% from 32.8%. Revenues in the fixed-line segment amounted to 9.1 billion rubles. - increased by 3.7% compared to the same indicator in 2018. Total revenue in the mobile segment (including the sale of devices) in the IV quarter amounted to 64.1 billion rubles, having decreased by 4.3%[3].
2018: 5.7% revenue growth
On February 25, 2019, Beeline"" reported that in, Russia PJSC "" VimpelCom(Beeline brand) in the 2018 fiscal year showed steady revenue growth. Total revenue for the reporting period increased by 5.7%. The main drivers of growth in the indicator were the successful completion of the integration of stores "" and Euroset positive dynamics. ARPU In 2018, there was a positive trend in the indicator. EBITDA This dynamics was ensured by revenue growth, which offset the negative impact on the indicator from the integration of stores Euroset and an increase in annual frequency usage fees in 2018. The cancellation of intranet roaming had a limited impact on both revenue and EBITDA, since its negative effect was offset by an increase in service consumption. EBITDA core profit margin for fiscal year 2018 was 35.9%.
The integration process of Euroset was successfully completed in August 2018:1540 stores were rebranded and became part of the Beeline monobrand network. The impact of the integration process on EBITDA amounted to 2.5 billion rubles for the entire 2018 fiscal year, since the cost of integrating stores precedes revenue generation.
The integration of Euroset stores is an important stage in the implementation of Beeline's monobrand retail strategy. The process of integration and rebranding of Euroset stores is completed, Beeline expects that the positive impact on revenue will continue, and the positive impact on EBITDA will be manifested starting from 2019, which will be based on increased device sales and improved distribution channel structure.
The ratio of capital expenditures less licenses to revenue for fiscal 2018 was 16%.
Investment plans for the implementation of the "Spring Law" are implemented in full compliance with legislative requirements.
2015:4% reduction in revenue from services to RUB 67.8 billion
The total service revenue from the provision of VimpelCom services decreased by 4% year-on-year to 67.8 billion rubles as a result of a decrease in service revenue in the fixed segment. At the same time, service revenue in the mobile segment grew slightly year-on-year, reaching 56.5 billion rubles due to a 16% increase in mobile data revenues compared to the same period of the previous year, to 12.3 billion rubles, and an increase in interconnect revenue. The increase in revenue from mobile data transmission is due to the active promotion of package offers and traffic growth. However, this growth is partially balanced by the reduced revenue from voice services and roaming, due to a decrease in the average cost of a conversation minute due to the transition of existing customers of the Company to current tariff plans.
Service revenue in the fixed segment decreased by 21% year-on-year, to 11.3 billion rubles, as a result of a decrease in low-margin traffic, as well as a decrease in revenue in the B2B segment due to a slowdown in macroeconomic growth.
2014: Revenue reduction by 3% to RUB 281.8 bn
The revenue of the telecom operator Vimpelcom, the Russian division of the Vimpelcom holding, decreased by 3% in 2014, amounting to 281.8 billion rubles against 289.9 billion rubles a year earlier, according to the financial report of Vimpelcom.
The operator's operating revenue from mobile services for the year decreased by 4% to 229.2 billion rubles, while revenues from fixed services increased by 5% to 52.6 billion rubles.
EBITDA of the Russian operator decreased by 8%, to 111.9 billion rubles, EBITDA margin amounted to 39.7%. The company's capital expenditures for the year reached 61.3 billion rubles, an increase of 4% compared to 2013.
2011: Revenue of RUB 266.1 billion
In 2011, VimpelCom's revenue amounted to 266.1 billion rubles. Of these, 221.5 billion rubles. brought mobile business, including mobile data transmission, on which the operator earned 17.5 billion rubles. (35% more compared to 2010). Another 44.5 billion rubles. the operator received for fixed broadband services (56% more compared to 2010).
ARPU and MoU indicators in 2011 amounted to 324 rubles and 243 minutes, respectively. A year earlier, one subscriber, with an average conversation duration of about 218 minutes, brought VimpelCom 329 rubles. per month.
By the beginning of 2012, VimpelCom's subscriber base in the mobile segment grew by 5.2 million users, to 57.2 million. Of these, 12% of the company's subscribers used smartphones. According to Olga Turishcheva, Vice President for Marketing and Business Development of VimpelCom, by the end of 2012, 17% of the company's customers will have smart phones.
VimpelCom's EBITDA for 2011 decreased from RUB 114.6 billion in 2010 to RUB 106.7 billion, while the EBITDA margin for the same period decreased from 46.2% to 40.1%. In the mobile segment, EBITDA by the beginning of this year amounted to 94.7 billion rubles, EBITDA margin - 42.8%, and in a fixed segment - 12 billion rubles. and 26.8%, respectively.
In 2011, the operator's capital expenditures increased by 26% compared to 2010 and amounted to 60 billion rubles.
2009: Capitalization $13.1 billion
The company's capitalization as of June 2009 amounted to $13,112 million. USA[4]
2008: Capitalization $24.3 billion
Market capitalization - $24.3 billion (September 1, 2008) [5]
2006: Revenue $4.87 billion (+ 51.6%), profit $811.5 million (+ 31.9 %)
The company's revenue for 2006 increased compared to the previous year by 51.6% to $4.87 billion, net profit - by 31.9% to $811.5 million.
Notes
- ↑ VimpelCom's revenue in the IV quarter increased by 9.5% - to 81.8 billion rubles.
- ↑ Financial and Operating Results of VEON Ltd. for 2022 - Business Unit "RUSSIA"
- ↑ , Beeline loses revenue
- ↑ Shares: Svyazinvest subsidiaries grow much faster than the market
- ↑ List of the largest companies by market value (capitalization) as of September 1, 2008//Expert, No. 39 (628), October 6-12, 2008.
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