UMC Announces 2005 Results.
29 March 2008
UMC reported USD 1.2 bln sales (+44.4% yoy) and USD 324 mln net income (+39.7% yoy). The company’s subscriber base increased 80.8% during 2005, while average ARPU decreased from USD 14 to USD 9.5. Concorde Capital: UMC lost its leadership in subscriber terms in 2005, but remains the Ukrainian mobile leader in terms of sales. Unlike Kyivstar, which decreased its net margin by about 5% in 2005, UMC lost only 0.9% of its net margin. Thus, UMC looks like a more stable company.
