Mobile Penetration Reaches 63%.
31 January 2008
Mobile Penetration Reaches 63%. The number of Ukrainian mobile customers increased by 120% and almost reached 30 mln at the end of 2005. The market leaders are still the same, however, their share in the market has decreased from 99% at the end of 2004 to 92%: Kyivstar (47%) and UMC (43%). Astelit which opened up shop in February 2005 now occupies about 7% of the market. Concorde Capital: The subscriber base growth rate noticeably exceeded growth of operator’s revenues in 2005. This suggests that mobile operators have significantly decreased their ARPU by attracting more and more low-paying customers to inflate their customer base, meaning the mobile market is close to saturation, thus we do not expect considerable changes in mobile penetration in 2006.
