Implementation of 4G mobile service pushed Vodaphone Ukraine’s net Q3 profit down by 24%

Thursday, November 22, 2018
Implementation of 4G mobile service pushed Vodaphone Ukraine’s net Q3 profit down by 24%

Implementation of 4G mobile service pushed Vodaphone Ukraine’s net Q3 profit down by 24% year over year, to $14 million, the company reports. The company’s Q3 revenue increased by 6.5%, to $118 million. The subscriber base decreased by 4.3%, to 19.9 million active SIM cards. Six months into 4G, Vodaphone’s 4G network covers almost 40% of the country’s population.

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