In their first Ukraine investment, the Azeris enter a low margin market.

Tuesday, November 26, 2019
In their first Ukraine investment, the Azeris enter a low margin market.

In their first Ukraine investment, the Azeris enter a low margin market. Last year, Vodaphone Ukraine’s net profit dropped 20%, to $67 million, as the company invested heavily in expanding its 3G and 4G networks. Ukraine has one of Europe’s lowest average revenues per user — $14 per month.

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