Major Mobile Operators Disclose 2004 Results

UMC reported a 2004 revenue of USD 832 mn, or an 88% increase. Kyivstar’s revenues increased by 65% to USD 695 mn. Both companies have shown significant subscriber base dynamics, but their ARPU showed a downside trend. Concorde Capital: In 2004, both companies changed their definition subscribers. Subscribers are now only considered to be pre-paid customers with a non-negative account for at least six months. Previously, only three months had been necessary. Neither UMC, nor Kyivstar restated historical data, which resulted in incomparable date. Please see the impact of this change on ARPU in the chart above. Kyivstar introduced new rules in Q304, and UMC did the same in Q4.
Concorde Capital: In 2004, both companies changed their definition subscribers. Subscribers are now only considered to be pre-paid customers with a non-negative account for at least six months. Previously, only three months had been necessary. Neither UMC, nor Kyivstar restated historical data, which resulted in incomparable date. Please see the impact of this change on ARPU in the chart above. Kyivstar introduced new rules in Q304, and UMC did the same in Q4.
Concorde Capital: In 2004, both companies changed their definition subscribers. Subscribers are now only considered to be pre-paid customers with a non-negative account for at least six months. Previously, only three months had been necessary. Neither UMC, nor Kyivstar restated historical data, which resulted in incomparable date. Please see the impact of this change on ARPU in the chart above. Kyivstar introduced new rules in Q304, and UMC did the same in Q4.